Related is also building a housing project for low-income families and seniors called Alveare in downtown Los Angeles’s South Park neighborhood. Bill Witte, real estate developer, tours 700 Broadway-his firm’s newest luxury apartment complex project on Tuesday, Dec. 16, 2025 in Santa Monica, CA. Bill Witte, real estate developer, tours 700 Broadway-his firm’s newest luxury apartment complex project on Tuesday, Dec. 16, 2025 in Santa Monica, CA. Bill Witte, real estate developer, tours 700 Broadway—his firm’s newest luxury apartment complex project on Tuesday, Dec. 16, 2025 in Santa Monica, CA. But again, it comes up because there is no obvious source of funds for affordable housing.

Source: Los Angeles Times December 24, 2025 15:51 UTC