Los Angeles

Hiring an inexperienced parking team is the biggest and most costly mistake that property owners can make in parking management.

The firm's latest quarterly reporting shows strong portfolio performance as a supply-demand imbalance continues in Southern California.

The Broxton at Weyburn near UCLA and the Fox and Bruin Theater, traded hands for $13.5 million.

The firm adds four real estate finance professionals, Phil Nieset, Monte Guest, Chris Hurst and Jason Fobbs.

During a property management panel at the GlobeSt. APARTMENTS conference Wednesday, panelists navigate the many tech options available to maximize efficiency.

Lowe and AECOM-Canyon Partners have announced plans to include a new six-story, 148-room boutique hotel at its Ivy Station project.

Experts on the finance panel at GlobeSt Apartments said the new Fannie/Freddie caps revived certainty in the agencies.

While investors aren't shying away from new investment opportunities, there are still some major challenges for deals to pencil out including rising construction costs, but many are turning to creative strategies, say panelists at GlobeSt. APARTMENTS event here in Downtown Los Angeles.