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Some renters are moving farther from their work to more-affordable locations or Orange County-adjacent markets where the rent discrepancy is significant, CBRE's John Montakab tells GlobeSt.com.
Long-term, the spin-off from Caesars Entertainment Operating Co. will look at diversifying beyond gaming, “but we're going to do so using very strictly self-imposed criteria,” VICI Properties CEO Ed Pitoniak tells GlobeSt.com.
The city's real estate sector will be a major contributor to helping the city reduce greenhouse gases. The mayor's proposal calls for significant building energy performance upgrades as well as deep energy retrofits in city-owned buildings.