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The high cost of housing in Los Angeles is impacting employee recruitment and retention, especially in healthcare, hospitality and professional and technical services industries.
This year, investment activity has been strong across investment classes, and blockchain and opportunity zones will fuel more activity in the fourth quarter.
While there is a lot of talk about the declining need for parking in Los Angeles, parking ratios in Los Angeles have declined only slightly since 2000.
The new platform— Logistics Property Company, LLC— has partnered with Macquarie Capital Real Estate Investments on the formation of the platform. LPC seeks to grow its business to more than $5 billion of properties under management over the next five years.