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 | Jan 31, 2023 | Commercial Development, Real Estate Market
Big Box Retail Chain Usually Isn’t a Ground-Floor Tenant in Multifamily Developments Costco, a retail chain known for cavernous buildings full of stacked goods, is working on a deal in Los Angeles that would put apartments full of potential customers on top of a...
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...
by Melissa Cline | Sep 15, 2022 | Real Estate Market
Orlando, Florida, Holds Top Spot for Annual Rent Growth Month-to-month apartment rents fell in August for the first time in nearly two years, sending another signal that the U.S. multifamily market is headed toward normalcy. Asking rents fell 0.1% in August from July...
by Melissa Cline | Jul 8, 2022 | Commercial Development, Real Estate Market
A China-based e-commerce giant has signed on for the largest industrial lease on record in the tight Los Angeles region so far this year. JD.com agreed to lease the roughly 217,000-square-foot 333 S. Hacienda Blvd. building in the City of Industry, according to...
by Melissa Cline | Mar 22, 2022 | Commercial Development, Commercial Properties, Real Estate Market
A trucking company leased one of the few remaining large industrial spaces in greater Los Angeles as surging e-commerce and proximity to the nation’s biggest ports drive demand for Southern California logistics space. Pacific Expressway leased 111,000 square...
