New player builds $1B annual deal flow with speedy all-cash sale-leasebacks, “lightning leases.”

Thousands of K-12 students displaced by the Palisades wildfire will occupy 200K square feet in the city.

Operating efficiency, not cap rate compression, will deliver returns in the next decade.

An impending wave of M&A activity signals confidence in continued growth.

It may take a year or two to absorb deliveries and burn off concessions.

Landlords offer 100-square-foot “tech dorms” with shared kitchens and bathrooms for $1,000 a month.

Deal for 2,700 units adds sprinklers, wider evacuation route and wildfire surveillance cameras.

With trades seeing discounts of up to 75%, sellers slash asking prices for prime, but empty properties.