LOS ANGELES—“The buyer pool is thinner than it was a year ago today,” says Laurie Lustig-Bower, EVP at CBRE. At RealShare Apartments last month, Lustig-Bower sat down for an exclusive video interview to discuss investor demand in Los Angeles for both developable land and for existing assets. The economy has continued to grow, but buyers are sensing that we may be at the peak of a bubble, she says. As a result, demand is waning.

The aging cycle isn't the only deterrent in Los Angeles. Investors have also become weary of development legislation like the recently passed Build Better L.A. initiative and the Neighborhood Integrity Initiative, which comes to vote in March. Lustig-Bower says that those pieces of legislation have also scared developers away from land deals, while others are making deals contingent on the legislation failing.

In this interview, we talk to Lustig-Bower about all of these issues, how she is advising her clients and where the L.A. market is headed. Press play to hear more.

LOS ANGELES—“The buyer pool is thinner than it was a year ago today,” says Laurie Lustig-Bower, EVP at CBRE. At RealShare Apartments last month, Lustig-Bower sat down for an exclusive video interview to discuss investor demand in Los Angeles for both developable land and for existing assets. The economy has continued to grow, but buyers are sensing that we may be at the peak of a bubble, she says. As a result, demand is waning.

The aging cycle isn't the only deterrent in Los Angeles. Investors have also become weary of development legislation like the recently passed Build Better L.A. initiative and the Neighborhood Integrity Initiative, which comes to vote in March. Lustig-Bower says that those pieces of legislation have also scared developers away from land deals, while others are making deals contingent on the legislation failing.

In this interview, we talk to Lustig-Bower about all of these issues, how she is advising her clients and where the L.A. market is headed. Press play to hear more.