LOS ANGELES—L.A.'s top investors expect to be net buyers in 2017, according to panelists at the Investment Outlook panel at RealShare Los Angeles this week. Mark Jacobs, managing director at Oaktree; John Sischo, managing principal at Coretrust Capital Partners, Michael Speer, SVP at Brookfield Property Group; Sondra Wenger, managing director of investments at CIM Group; and panel moderator Marc Renard, executive vice chairman of the capital markets group at Cushman & Wakefield, spoke about their investment outlook for the upcoming year and why they remain bullish on the L.A. market.
“We were attracted to L.A. because you can buy below replacement cost,” said Sischo on the Investment Outlook Panel at Real Share Los Angeles. Jacobs was the only panelist that said he expected to be a net seller this year, but quickly followed his comment, saying, “We said the same thing last year though, and we were wrong.”
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Kelsi Maree Borland
