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. This is why the city’s Recreation and Parks […]

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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 development near landmarks will be active for […]

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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 LAtimes.com report, only Orange County has reached pre-recession levels. The […]

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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 aspect is determining how much will be expended in securing and paying off a […]

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“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. And there are state and national factors that play key […]

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To every property owner, whether it is an apartment building, a warehouse or commercial office park, getting a return on one’s investment is an essential part of doing business. This means that monthly rent must be collected from tenants. Invariably tenants may not be able honor their contractual obligation. In these instances, a landlord may […]

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Raymond Chandler was in his early 50s when he published his first novel, “The Big Sleep.” It had a major influence on the emerging hard-boiled detective genre and was made into a movie starring Humphrey Bogart and Lauren Bacall. Other notable examples of creativity from people even older are not difficult to find. Colonel Sanders […]

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There’s an old saying about economic phenomenons that “a rising tide floats all boats.” This saying is based on the notion that everyone benefits from good economic conditions. Such may be the case with the new home of the Los Angeles Rams. For the uninitiated and those who are not sports fans, the National Football […]

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If you are a business owner looking for a new venue, you have probably learned about the trends shaping commercial real estate in Southern California. Essentially, the outlook is optimistic, meaning that construction of new buildings and renovations of older properties will continue at least until 2018 barring any major catastrophes. This may bring about […]

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With the midpoint of 2016 approaching, it is safe to assume that the growth that investors had predicted will come to fruition, albeit at a slower pace. Nevertheless, the real estate market in Southern California is poised to continue its growth. This notion is based in part on the encouraging flow foreign investment into commercial […]

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