The Los Angeles multifamily market is at a fork in the road. On the horizon looms a decision that may impact investors, property owners, and renters. According to Richard Green, Director of the Lusk Center for Real Estate at USC, rent growth may be slowing in LA in response to new housing development in the area, yet Los Angeles remains one of the most expensive places for renters in the entire country. With affordable housing as their premise, there is a growing group of supporters that would like to repeal a law which, in conjunction with new development guidelines, has allowed multifamily development to flourish.
On April 26th 2018, Greysteel hosted an Executive Lunch Series event at Bourbon Steak in the Four Seasons Hotel, Washington D.C. The event brought together 35 of the region’s leaders of public and private real estate companies to discuss current projects and market trends amongst peers.
Recently I joined Greysteel, a leading transactional commercial property adviser for private, middle-market and institutional investors. My focus is to expand the company further into the housing market throughout the South Bay region of Los Angeles County. The South Bay stretches from Inglewood to the north all the way to Rancho Palos Verdes, near Long Beach, to the south.
Come meet and hear Greysteel's Anton Mattli and Doug Banerjee at the Think Multifamily - R.A.I.N.- Real Estate Apartment Investors Networking Event.
Learn what it takes to become a successful multifamily real estate investor, from Greysteel, Think Multifamily and other world class industry experts who will provide invaluable insight and share their knowledge over this two-day conference on May 19-20, 2018 in Plano, TX.
As a sponsor, Greysteel is able to offer exclusive pricing. Use code "RAIN18" to save $150 off your registration.
While uncertainty remains around a potential “trade war” with China, according to the minutes from the most recently released Federal Reserve meeting on March 20-21 policymakers felt that the U.S. economy would firm further and that inflation would rise in the coming months. Core CPI inflation has increased at a 2.9% annual rate over the past year and unemployment remains low. This has led several economists to believe that the Federal Reserve will raise interest rates three more times in 2018.
Enabled by the vision and leadership of Father John and his team, SOME serves the 8,350 men, women and children in D.C. without a home.