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LOS ANGELES—While transit-oriented development is all the rage, it mainly arrives as market-rate units, but this new project from ROEM in Baldwin Park is for low-income residents.
LOS ANGELES—This city has the lowest homeownership in all of California, and a new report from JLL shows that homeownership has been steadily declining for years.
LOS ANGELES—L.A. ranks sixth on the Green Building Adoption Index, with more than 50% of the office buildings in the city holding green certifications and more on the way.
LOS ANGELES—The value-add investor buys a 391-unit multifamily portfolio in Thousand Oaks, where new development is nil and the opportunity to push rents is high.
LOS ANGELES—Thorofare Capital hits $54 million in bridge lending only four months after launching its recent fund, but the success is driven by their professional relationships, not an increased appetite for short-term financing.
LOS ANGELES—At ALIS, Teague Hunter claims the peak hit in 2014, and now there is a gap between sellers and buyers, but not all of his fellow panelists agreed.
LOS ANGELES—PKF adopts the CBRE Hotels name after merging with the company more than a year ago—but leaders say that the previous firm's storied company culture isn't going away.