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Archive for the ‘Economic’ Category

Berkadia Los Angeles Multifamily Investor Update, August, 2016 – What In The World Inning Are We In?

Tuesday, August 23rd, 2016


Berkadia Los Angeles’ multifamily expert Mark Ventre has an interesting thought piece, replete with anecdotal evidence from clients, trying to answer the question: “Where are we in the multifamily real estate business cycle?”

Read the article here (Berkadia 8/23/16)



For Fed, Nothing Going on but the Rent

Monday, April 27th, 2015

Inflation is too low for the Federal Reserve, but not as low as it would be if rising rents weren’t propping it up.

Read the article here (WSJ, 4/26/15)

now renting

Agents, lenders fill niche as Chinese money floods housing market

Thursday, November 6th, 2014

A flood of Chinese money into Southern California’s real estate market is keeping some agents, bankers, and lawyers busy. Chinese citizens have bought $22 billion worth of homes in the U.S. in the 12 months that ended in March 2014.

Click here to read the article (LA Times 11/1/14)



The $11 Trillion Advantage That Shields U.S. From Turmoil

Tuesday, October 14th, 2014

Consumer spending is likely to steer the U.S. economy safely through the shoals of deteriorating global growth and turbulent financial markets.

Click here to read the article (Bloomberg 10/14/14)


We’re Going Back Into a Big Global Downturn: Robert Albertson (Bloomberg)

Tuesday, October 14th, 2014

Sandler O’Neill Principal and Chief Strategist Robert Albertson examines the global slowdown as the Federal Reserve considers a rate hike. He speaks with Bloomberg’s Tom Keene, Scarlet Fu and Adam Johnson on “Bloomberg Surveillance.”

Click here to watch the interview (Bloomberg, 10/14/14)



Purse Tycoon Aims at Ultra-Rich With $85 Million Home (

Thursday, October 2nd, 2014

In addition to U.S. tech, energy and entertainment money, Los Angeles has lured investors from China, Indonesia, Russia, Latin America and the Middle East who use U.S. real estate as a haven from political and economic uncertainty back home.

“If you buy a house for $50 million, $60 million, and it falls to $40 million, it’s still better than having your money under a dictator who decides that money doesn’t belong to you any more… It’s the return of capital rather than the return on capital.”



Read the article here  (Bloomberg 9/22/14)

A California Dream: Not Having to Settle for Just One Bedroom

Wednesday, September 24th, 2014

Cities across the state of California, including SoCal, are grappling with a dwindling stock of housing that can be considered affordable for anyone but the wealthiest. In much of the state, a two-bedroom apartment or home is virtually impossible to acquire with anything less than a six-figure salary.


Read the article here  (NY Times 9/23/14)

Foreign Investors Want High Profile Locations in SoCal

Tuesday, September 23rd, 2014

Foreign investors are combing through high-profile development sites in Southern California, according to Laurie Lustig-Bower, EVP at CBRE.  Local developers and investors are facing increased competition from foreign investors for Class A locations.

robinsons may


Read the article here  (Globe St. 9/23/14)

Watch Out for Asset Bubbles Developing: Barry Sternlicht

Wednesday, July 9th, 2014

“Rates arent’t going anywhere” – Barry Sternlicht, Starwood Capital Group CEO shares his macro global outlook

Watch the interview here  ( 7/8/14)

Sternlicht interviewed on CNBC


Economists Say Inflation Fears Overblown

Tuesday, July 8th, 2014

Economists see little risk of a surge in inflation, despite mounting evidence that the American economy is
rumbling to life.

Read the article here  (The Hill  7/8/14)