Carol Schatz Carol Schatz is the president and CEO of the DCBID.

There is no denying the success of the Downtown Los Angeles market. Recent reports from the DCBID show sustained growth and positive migration to the neighborhood, but it isn’t all good news. The biennial survey—which showed a fervent millennial base in the market—revealed that residents are concerned about the rising homeless population in Downtown Los Angeles.

“We did have respondents expressing concern about the homeless population. We recognize, as I believe our residents do, that this is a citywide issue,” Carol Schatz, president and CEO of the DCBID, tells GlobeSt.com about respondents’ concerns in the survey. “It is apparent in just about every neighborhood in the city, and it was previously something that you heard about or saw only in Downtown Los Angeles.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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