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The major real estate owner has launched the Homelessness Challenge offering a financial reward for scalable solutions to combat homelessness in Los Angeles.
Theresa Morzello, CBRE's managing director for asset services in New York City, was the first woman to win the Commercial Management Executive of the Year Award.
There is a very limited inventory of institutional product in Los Angeles, but that hasn't stopped institutional capital from gaining a foothold in the market.
A new report from Apartment List shows that most new people moving to the Los Angeles market are moving for the location first and finding a job when they arrive.
Some think that the newly reformed tax laws will cause a flight of high net worth residents out of California, but Paul Wassgren of DLA Piper says that the impact will be minimal.