Of course, this approach is not independent from the other two. But understanding the difference is vital to an accurate valuation.

Radnor's work on 3737 Chestnut earned the Urban Land Institute's Willard G. “Bill” Rouse III Awards for Excellence for its ability to convert church owned property into a lucrative mixed-use project.

Criterion has worked closely with the city on improvements to Race Street with the goal of making it more pedestrian-friendly with wider sidewalks, lighting, bike lanes, art, landscaping and seating.

Last year, Asian buyers from Korea and China were the main foreign players in Los Angeles, but today, Canada and Germany are just as active in the market.