Vanguard Profile – Mark Weinstock

There’s some irony here, and it might be most pronounced in California where the housing crunch is so severe that even Silicon Valley companies can be hardpressed to attract and retain employees earning a decent income.

Yet for myriad reasons, the builders say it’s very difficult to develop ground-up, affordable, multifamily complexes in the Golden State and just about anywhere else. Buildable land in desirable locales is at a premium.