5 Considerations For Los Angeles Residential Developers

By Andrew McIntyre (June 11, 2015, 4:43 PM EDT) -- Unlike in the sizzling tech-buttressed office market in San Francisco, office vacancies in downtown Los Angeles remain high, and developers are increasingly focusing their efforts on residential construction, but such projects come with a host of challenges, lawyers say.

Among the considerations for such projects are how to score financing from sources like the EB-5 visa program for immigrant investors, which has been more popular with hotel projects, and how to deal with an already-tight parking situation in the city center.

Furthermore, lawyers say entitlement remains a tricky area as developers await specifics from the city on residential zoning regulations for...

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