Category Archives: Investment Sales

LA County Rents Expected to Hit Average of $1,705 This Year

A new report predicts that LA County will see average rents jump 4.5 percent this year, a record increase and more than double last year’s. The brokerage firm Marcus & Millichap blames low inventory and a rebounding job market for … Continue reading

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10000 Santa Monica Boulevard in Century City – It’s No Nouvel, But 10000 Santa Monica Plans Are Unveiled

10000 Santa Monica Boulevard in Century City – It’s No Nouvel, But 10000 Santa Monica Plans Are Unveiled Continue reading

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Details Released for Former Wilshire Grand Hotel Project

Korea Air unveiled the initial details of its planned $1-billion luxury hotel in the heart of downtown Los Angeles. The hotel is set to be constructed on the former site of the Wilshire Grand Hotel (Wilshire Boulevard and Figueroa Street), … Continue reading

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Fannie Mae Expands Investor Financing Options

By Charles Dawson, William Gilmartin Fannie Mae recently announced expansion of it’s Homepath Mortgage product that provides home buyers and investors financing for the purchase of Fannie Mae-owned properties. The new product will allow eligible individual and LLC borrowers to … Continue reading

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Century Plaza Double Towers Project Begins Fresh Approvals

The formerly-controversial redevelopment of the Century Plaza Hotel site is another one making a reappearance in the late summer rush–the City Planning commission has just approved plans for the overhaul, reports the LA Business Journal (sub. req.). Developer Next Century … Continue reading

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Signs of Life in Beverly Hills- New owners from Asia revive luxury condo project

The defunct plan to build a luxury condo project at one of the Westside’s biggest eyesores – the site of the closed Robinsons-May department store in Beverly Hills – appears to be coming back to life, thanks to the growing … Continue reading

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Leasing in Los Angeles: Apple’s New 3rd Street Promenade Store Approved!!!

A new Apple store proposed for the Third Street Promenade took a big step forward at the Santa Monica Planning Commission meeting on Wednesday night. The construction is set to be built where the old Borders store used to be … Continue reading

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Tips & Advice: 10 Important Tips in Communicating With Your Landlord

Most residents give little thought to how they communicate with their property manager or landlord. Considering that nearly 35 percent of Americans currently reside in approximately 40 million rental units throughout the country, it is surprising that so few of … Continue reading

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30-Year Fixed Mortgage Rate Falls Below 4 Percent; New All-Time Low

If you are sitting on the sideline, waiting for the right time time to buy a house, now is the time. With mortgage rates at a 9 month low of 4.14 percent, now is the time to buy! Continue reading

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Tips & Advice: Three Ways an HOA Can Screw Up the Sale of a Condo

Did you know your homeowners’ association (HOA) can make it extremely difficult to sell your condo? As a condo owner, you have to follow the rules of the HOA. You don’t have control over the common areas, you have to … Continue reading

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