Los Angeles

Finding and retaining top talent is inhibiting property management growth and expansion.

There are approximately 10 properties with a loan balance of $300 million of risk exposure as a result of the Hill and Woolsey Fires.

Cargo volumes in October were up 5.4% over last year, a rebound following several months of slow cargo activity.

Home sales fell double digits in September, bringing housing market activity for the year down 11% compared to 2017.

Academy on Vine is located on a 3.5 acre, full-city block that was acquired from The Academy of Motion Pictures Arts and Sciences in 2013. The project will include three office buildings and a 20-story residential tower.

There are mixed reviews on the benefits of opportunity zone fund investments, but in the end, opportunity zones require the same analysis and scrutiny as standard investments.

Los Angeles has seen tremendous growth this cycle, but housing and affordability issues could derail more growth in the future.

Southern California spends $15 billion annually on apparel and an additional $5.6 billion on beauty products.