Los Angeles

The multifamily market is set for another strong year, thanks to tremendous consumer demand for the asset class and competition from major capital providers.

The South Bay multifamily market is seeing tremendous activity, thanks to surrounding growth from the Hollywood Park development and port activity.

“People are social animals and they want to congregate at shopping centers,” says Cox Castle & Nicholson's Gary Glick about the future of shopping centers.

Here's a look at this week's trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.

Agence Ter unveils the conceptual design for Pershing Square that will redevelop the park into an accessible and open green space.

There is a focus on building more affordable housing, but Century West Partners' Steve Fifield says what we really need is workforce housing.

The economic outlook for 2018 remains strong, but with rents continuing to increase, we may be hitting a ceiling in certain product types on tenant affordability.

Cox, Castle & Nicholson's Gary Glick rarely sees big box leases anymore as a new category of fast casual restaurants dominates retail leasing.