Liquefaction_ in Adapazari Turkey

by Jodi Summers Get ready for some major chaos and expense. According to a City report, more than 2,200 buildings in Santa Monica may be vulnerable to collapse or major damage during an earthquake, including more than 1,800 soft-story buildings, 220 brick buildings, 73 concrete buildings and 71 steel-frame buildings. The report concluded,  “many buildings […]

Millennials-dont-enter-retail-stores-with-a-plan

by Jodi Summers Have neighborhood rents finally topped out? Los Angeles’ high rents are impacting the city’s demographics, as young people leave the city for more affordable metros elsewhere in the country. A new report from Apartment List analyzed the Census data of 18- to 34-year olds from 2005 to 2015 and found the number […]

Ocean Avenue South 3

by Jodi Summers Woo Hoo! Santa Monica’s recently developed Ocean Avenue South has been honored as a 2016 ULI Global Award for Excellence winner. The residential mixed-use, mixed-income development was one of 11 real estate development projects from around the globe. The ULI 2016 Global Awards for Excellence is one of the land use industry’s […]

Which Billionaire can buy What City
top-15-billionaires-in-saudi-arabia-by-net-worth

edited by Jodi Summers Donald Trump may be the most outspoken real estate billionaire, but he’s not the richest. The 2016 Republican Presidential Candidate had a net worth of $3.7 Billion at election time; in real estate terms, that ties him tied with local developer Rick Caruso at #156 on the Forbes list of billionaires. […]

Los Angeles Rent map 2016

by Jodi Summers Expect the average rent on an apartment in much of Southern California will rise by at least $100 over the next two years, concludes the USC Casden Multifamily Forecast, released by USC’s Lusk Center for Real Estate. Beacon Economics prepared the report for USC, analyzing rents, housing supply and population growth in […]