Real Estate News
LOS ANGELES - The gig: Michael Marini, 49, is chief executive of Planet Home Living, one of the leading developers of small-lot subdivisions - clusters of townhome-like single-family houses that are only inches apart from each other. The sleek, modern developments have proved extremely popular among Los Angeles homebuyers in recent years, particularly in high-demand neighborhoods, where there's little for-sale housing being built. Lists of those interested in the LA-area firm's projects are in the hundreds, Marini said. And he's currently under construction or about to start work on nine developments, eight of which are small lots. "Never been busier," he said.