by Melissa Cline | Aug 20, 2024 | Commercial Properties, Real Estate Market
The world has started watching for fallout from the potential financial collapse of China Evergrande Group, one of that nation’s largest conglomerates, whose holdings include more than 1,300 residential and other property projects in 280 cities there. Evergrande,...
by Melissa Cline | Aug 1, 2024 | Commercial Development, Commercial Properties
Amid continued uncertainty about the future of the workplace, a specialty office project in southeast Los Angeles has received financing in the form of a $130 million construction loan. Situated at 2233-2251 Jesse St. the project — dubbed Mission Campus — sits on 5...
by Melissa Cline | Nov 28, 2023 | Commercial Development, Commercial Properties
Meta Housing Buys Office Building in Woodland Hills A Los Angeles office property steps from a proposed Rams practice facility was sold to an affordable housing developer in another sign of demand in the neighborhood. Meta Housing, based in Los Angeles, bought...
by Melissa Cline | Jun 3, 2023 | Commercial Development, Commercial Properties, Real Estate Market
A Los Angeles ordinance that has a track record of creating downtown housing may be extended in coming months as the nation’s second-largest city grapples with a worsening housing affordability crisis. The city’s planning department has...
by Melissa Cline | May 1, 2023 | Commercial Development, Commercial Properties, Real Estate Market
Revenue Growth Rate Expected To Slow After Strong Start to the Year U.S. hotel industry revenue per available room in the first quarter was 16.7% higher than it was in the same quarter of 2022. This stronger-than-expected result was driven by a healthy average daily...
by Melissa Cline | Nov 1, 2022 | Commercial Properties, Real Estate Market, Uncategorized
Across the globe, more forecasts suggest a big drop in real estate values could be on its way. Bayes Business School in London indicated values need to fall between 25% and 30% to match today’s lending realities of tighter underwriting and higher costs. Just such a...
