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LOS ANGELES—L.A.’s top investors expect to be net buyers in 2017, according to panelists at the Investment Outlook panel at RealShare Los Angeles this week. Mark Jacobs, managing director at Oaktree; John Sischo, managing principal at Coretrust Capital Partners, Michael Speer, SVP at Brookfield Property Group; Sondra Wenger, managing director of investments at CIM Group; and panel moderator Marc Renard, executive vice chairman of the capital markets group at Cushman & Wakefield, spoke about their investment outlook for the upcoming year and why they remain bullish on the L.A. market.

“We were attracted to L.A. because you can buy below replacement cost,” said Sischo on the Investment Outlook Panel at Real Share Los Angeles. Jacobs was the only panelist that said he expected to be a net seller this year, but quickly followed his comment, saying, “We said the same thing last year though, and we were wrong.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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