Capital Markets

The apartment deliveries were up 35% in Downtown Los Angeles last year, setting a new record.

Orange County was over exposed to the sub-prime mortgage crisis in the last recession, but the market has evolved to better handle the next downturn.

The investment in Cal Twin Towers provided Adler's investors with cash flow and substantial appreciation for the duration of the hold period, recently selling to local investor Steve Blumer for $26 million.

Commercial brokerage firm ACO Commercial, which brokered the sale on behalf of a private investor group, reports that the 2.8-acre parcel that traded takes up almost an entire city block (bounded by Lake, Hoyne, Damen and Walnut) and is fully leased to Standard Equipment Co.

When buying distressed debt, a buyer needs to have full knowledge of the loan and the asset.

The Murphy Administration reported that it will spend $60 million on affordable housing initiatives across the state in its Fiscal Year 2020 budget. The funding had been diverted in previous years.