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GlobeSt.com chats with Paloma Realty Partners Inc. about some simple solutions to mitigate Los Angeles' to assuage LA's housing shortage and lack of public transit.
The harsh tax environment and limited investment opportunities are pushing local Southern California capital to other markets for triple-net single-tenant deals.
The mixed-use development will include 232 five-star hotel rooms, luxury for-sale residential units, approximately 10,000 square feet of retail space and a 368-space parking garage. Both the hotel and the for-sale residential units will be branded and operated by Four Seasons Hotels and Resorts.