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More than $1 Billion of Properties Led by Black Developers Featured During AAREP LA South LA Rising Bus Tour and Showcase

More than $1 Billion of Properties Led by Black Developers Featured During AAREP LA South LA Rising Bus Tour and Showcase
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New Apartment Buildings Take Four Years To Finish In LA, Study Says

A new study finds drawn-out city approvals and slow electrical hookups contribute to L.A.’s ongoing housing shortage. ....

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Valuing a Varied Perspective: Access to Capital and a Diverse Developer Pool

Black, Indigenous, and people of color developers see opportunities that some traditional investors miss, said Josh Childress, CEO of Landspire Investments, at the ULI Los Angeles 2023 Urban Marketplace conference. ....

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Where Emerging Managers Are Getting Start-Up Capital

It’s nice to have your own but GP stakes and lines of credit can help. ....

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Ethos Real Estate Closes Second Joint Venture Acquisition with GCM Grosvenor of 276-Unit Community in Crenshaw District of Los Angeles

LOS ANGELES, CA - Ethos Real Estate, an affordable and mixed-income multifamily investment firm, announced the company has closed on the $76 million purchase of the Residences at Woodlake, a 276-unit multifamily property in the Crenshaw District of Los Angeles.
Under the deal, Ethos will be converting the formerly market rate property into deed restricted affordable housing through a unique public private partnership that leverages a California statutory property tax exemption. Under the deed. ....

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