Real Estate Southern California is part of the Forum LOCAL series of features in Real Estate Forum magazine. This is an HTML version of an article that ran in Real Estate Forum. To see the story in its original format, click here.

Condo developers have officially returned to Downtown Los Angeles. Since the downturn, the market has been home to phenomenal multifamily development, driven by an amalgam of factors: employment—there are some 500,000 daytime jobs in the submarket—expanding public transit and entertainment destinations such as the Staples Center and L.A. LIVE. As a result, an increasing number of condo developers are breaking ground in the submarket, accounting for more than $1 billion worth of activity.

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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.

Development
Los Angeles
Multifamily