(Don Jergler is editor of Real Estate Southern California
LOS ANGELES-L.A. Live developer Tim Leiweke on Tuesday railed against the idea that now is a bad time to invest in commercial real estate. Leiweke was speaking at Marcus & Millichap's Southern California Investor Symposium at the Beverly Hills Hotel.
He is president and CEO of AEG, the initials for Anschutz Entertainment Group, which owns the Los Angeles Kings and is the developer of the $2.5-billion L.A. Live entertainment/hotel/office-space complex around the Staples Center, which it also owns.
Leiweke and AEG also gave L.A the Nokia Theatre, which will host the Emmys, and the "American Idol" finale.
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