Residential

Andrew Beal and Michael Derkenne established a general contracting company in 2010, a time many of their peers were either going out of business or struggling to survive. “It was definitely not a great time in the marketplace to form a new company, and a lot of people thought we were crazy to be starting from scratch,” Beal says.

These days, high-rise luxury apartment complexes often feature complicated designs with numerous angles, contortions and floor plans, which typically prove inefficient when it comes time to construct the structure. In Houston, though, the WR Sage West Apartments will feature the most luxurious amenities with a structural and architectural design that maximizes all 580,000 square feet of space on the 10-acre site.

The once-stalled residential project at 808 and 810 N. Spring St. in downtown Los Angeles is on its way to being completed by the end of this year. In 2004, developer KOR Group bought the two buildings with a vision of converting the adjoined structures to market-rate condominiums. However, after hitting financing and parking issues, the developer sold the property to Southern California developer Meta Housing Corp., which is nearing completion of an affordable senior housing project at the downtown location called the Chinatown Metro Apartments.

I t is not always easy for groups of people to work together. They often have to share the same ideals and have the right chemistry to develop a relationship. However, developer and general contractor Sunshine-Invest and architectural firm PlanificArq have found the right mix to partner up time and time again on projects throughout the Dominican Republic.

Even in a tough market, there is always a sweet spot – that point where the factors converge to create enviable success against daunting odds. In Central Florida, Starwood Land Ventures has found a sweet spot.

At Ricco Construction, it is absolutely critical for employees to always do the job without any shortcuts. Based in Grand Cayman, Cayman Islands, the contractor strives to do all of its projects right, which range from small to mid-sized projects.

When Stephen Ross founded Related Companies in 1972, he focused on developing affordable multifamily housing for long-term investment. Over the next 40 years, Related developed over $22 billion in real estate and today owns real estate assets valued at more than $15 billion, These are comprised of best-in-class mixed-use, residential, retail, office, trade show and affordable properties in premier high-barrier-to-entry markets.   As a fully integrated, highly diversified leader in the development industry, it is capable of taking any project from inception to finish, expertly handling all facets.

McCormack Baron Salazar (MBS) Inc. is a developer of mixed-income communities across the country, Senior Vice President Meg Manley says. “In this place, nobody’s apologizing for affordable housing,” she declares. “We’re trying to revolutionize it.”

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