Real Estate/Development
Aug. 15, 2013
Death of redevelopment agencies could trigger wave of transactions
Last year's shutdown of redevelopment agencies triggered hand-wringing in the real estate community, but lawyers and market observers say the phenomenon stands to create a transactional boom that some are calling a modern day land rush.
Daily Journal Staff Writer
While last year's shutdown of California's redevelopment agencies triggered a lot of hand-wringing in the real estate community, lawyers and market observers say the phenomenon created a new opportunity - a possible transactional boom that some are calling a modern day land rush.
However, like many issues related to redevelopment since the agencies closed their doors, the sellers and buyers m...
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