by Melissa Cline | Dec 10, 2021 | Commercial Development, Commercial Properties
Onni Group Expands Holdings With Acquisition in Long Beach, California After investing in a massive shopping center in Burbank, California, a Canadian developer has scooped up more retail space in Long Beach, Los Angeles County’s second-largest city. Onni Group,...
by Melissa Cline | Dec 10, 2021 | Commercial Development, Commercial Properties
Rexford Industrial Realty’s LA and Inland Empire Acquisitions Include Redevelopment Plans A Los Angeles real estate investment trust has tacked on more industrial properties to its growing portfolio as the sector remains in demand amid a lack of inventory. Rexford...
by Melissa Cline | Oct 28, 2021 | Commercial Properties, Real Estate Market
Even Hardest Hit Property Sectors See Improving Values Four more of the nation’s largest banks have joined JPMorgan Chase & Co. in reporting improved outlooks for commercial real estate lending. The holding companies for U.S. Bancorp, Citigroup, Bank of America...
by Melissa Cline | Oct 21, 2021 | Commercial Development, Commercial Properties, Real Estate Market
Investors Demonstrate Strong Demand To Acquire Multifamily Assets in Third Quarter Sales volume in Los Angeles County during the third quarter was strong, totaling $2.9 billion, the highest level in a single quarter since late 2019. Average pricing per unit, which had...
by Melissa Cline | Oct 3, 2021 | Commercial Properties, Homeowners, Real Estate Market
Expected Tapering of Bond Purchases Could Be Decided in October, Powell Says The Federal Reserve’s Open Market Committee voted Wednesday to maintain its current accommodative stance on monetary policy, keeping short-term interest rates low. In a statement, the U.S....
by Melissa Cline | Jul 1, 2021 | Commercial Properties, Real Estate Market
Rise in Sublease Availabilities This Quarter Has Been Moderate Sublease space in the Los Angeles office market remains at record levels. However, the rise in availabilities so far this quarter has been much more modest than in recent quarters. Presently 10.4 million...
