The Drivers Behind Foreign Investment in U.S. CRE

The Drivers Behind Foreign Investment in U.S. CRE

According to Jim Hime, the United States is one of the most desirable locations for foreign investors. Between a booming economy, sovereign wealth funds, and recent changes with the Real Property Tax Act. Most foreign investors are attracted to the gateway cities,...

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Echo Park Demolition Plans Put On Hold

Echo Park Demolition Plans Put On Hold

Recently Echo Park demolition plans have been put on hold. Palisades Capital Partners had announced back in July their plans to demolish a chunk of the former Metropolitan Water District building. A petition had circulated against the matter and gained three hundred...

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August occupancy lower at South Florida hotels

August occupancy lower at South Florida hotels

South Florida hotels have noticed a decline in August booking rates this year as compared to last year. Three counties including Miami-Dade, Palm Beach, and Broward had less people staying at their hotels in August compared to last year. Fear of the Zika virus may...

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Malibu Golf Club Back in Play After $30 Million Sale

Malibu Golf Club Back in Play After $30 Million Sale

Shinhan Golden Faith International Development Ltd. bought out the Malibu Golf Club for $30 million dollars. The club had been formerly bought by previous owners for $32 million dollars along with the owners spending millions more on repairs. The former company as...

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Apartments Set to Sprout Up Next to Los Angeles River

Apartments Set to Sprout Up Next to Los Angeles River

A real estate company from New York is developing Los Angeles by building 400 apartments on a 5.6 acre site. The apartments will be in a lush area by the Los Angeles River. The area of development has access to fishing, greenery, and areas to kayak. Businesses have...

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Getting The Most Out Of Mixed Development.

Getting The Most Out Of Mixed Development.

This commercial residential development in Texas is a great example of how a development that combines residential styles and sizes can combine to create an excellent space for living as well as a profitable investment for the developer. The space incorporates single...

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