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Real Estate

Sep. 16, 2003

Can This Building Be Saved?

BY PAUL DANESHRAD With 700 people moving into California each day, multifamily real estate, as a property type, is one of the most secure investment options.

BY PAUL DANESHRAD

With 700 people moving into California each day, multifamily real estate, as a property type, is one of the most secure investment options.

There is an extreme shortage of available housing here, which means demand will continue to outpace supply.

According to the Construction Industry Research Board, more homes will be built in California in 2003 than in any other year since 1989. The board anticipates 124,000 single-family hom...

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