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L.A. Live Developer: Time To be Bullish

LOS ANGELES-Tim Leiweke, the developer of a key Downtown project, clearly upbeat about the project, says now is the time to develop.

By Don Jergler | Updated on April 09, 2008

(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, president and CEO of Anschutz Entertainment Group, made his comments at the Southern California Investor Symposium hosted by Marcus & Millichap Real Estate Investment Services at the Beverly Hills Hotel.

Leiweke said that now is the time to be aggressive with commercial and residential development. “This is the best time to be thinking two or three years ahead of the curve,” he said.

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