Los Angeles' original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
Multifamily sales activity has declined slightly in the Pasadena market, but experts say interest remains strong and cap rates are expected to increase next year.
R.D. Olson completes an adaptive reuse hotel project near LAX, but, despite the sudden attention on the market, hotel development is becoming more difficult.
Multifamily activity in 2017 has been slower than the record-breaking years 2015 and 2016, and it might be caused by slowed foreign investment from the pull back of EB-5 visas.
Real estate owners battle the homeless problem in the greater Los Angeles area, but have found that the police are directed not to touch or address the issue.