It finally happened. What analysts, realtors, lenders and sellers alike have been waiting for since the real estate market plummeted nearly a decade ago. The real estate market has risen to levels seen since the real estate bubble burst in 2008. According to a recent...
Opportunities abound for foreign real estate investors
As we noted in a few of our posts, the commercial real estate market has shown positive signs that suggest it will be a banner year for investors. Demand for high level space is very active, and a number of projects (including the Rams’ new stadium) suggests that...
Key Aspects in Evaluating Loan Options
An essential question in whether a business takes on a real estate project is whether the project makes sense financially. This involves making thorough estimates on the costs to renovate a property and balancing them against projected revenue streams. One important...
Park project halted amidst public angst for corporate logo
People in Los Angeles love the Runyon Canyon Park. It is estimated that 1.8 million people visit the 136 acre park each year for the hiking trails, the areas where dogs can roam off-leash, and of course, the Hollywood sign. However, catering to the masses costs money....
Glocal economy: How two key trends are affecting LA real estate
"Think globally, act locally," used to be a popular slogan, and it's still a nice saying. But today, in a highly complex global economy, it's starting to seem a bit quaint. After all, the interplay between the local and the global has become increasingly intricate....