Search
 

Metrics Look Good, But Wild Cards Remain

LOS ANGELES—According to panelists in the opening session at RealShare L.A., we are in an environment where, “if not messed up,” we can expect a very slow steady expansion. But questions surrounding politics and wage stagnation remain on the horizon.

By Natalie Dolce | nataliedolce | Updated on March 24, 2016

RealShare L.A. panel discussion Experts examined economic metrics during the “View from the Top” panel discussion.

LOS ANGELES—“I am not sure where we are in the cycle. I do know that we have an environment which, if we don’t mess it up, can be a very slow, steady environment to expand in.” That is according to Matt Galligan, president of CIT Real Estate Finance at RealShare Los Angeles. Galligan, along with other “A View from the Top” panelists, began the full-day event by discussion some contradictory indicators.

Jim MacLellan, director of trade development at the Port of Los Angeles, said that last year, the port had a 3% increase in container traffic. However, he said that a better economic indicator, the value of the cargo, was down 5.7%. “This could be related to some weakness in the consumer market,” he said.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.