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)
Monday, August 15th, 2016
Billionaire investor Tom Barrack, chairman of Colony Capital Inc., says that ‘amateurs are playing’ in real estate market.
Read the article here (Bloomberg.com 8/15/16)
Friday, July 17th, 2015
Seven years after the financial crisis, private funds in the U.S. are extending their push into traditional banking and real estate lending.
Read the article here (Bloomberg.com 7/16/15)
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)
Thursday, January 8th, 2015
“Real estate looks super attractive… to sovereign wealth funds screaming for yield… Everyone of these buildings is a bond. I can buy Treasuries which we keep printing, or I can own a real asset which might benefit some day if there is inflation… They are not going to Cleveland, they are going to cities [like New York or Los Angeles]”
Watch the interview here (CNBC.com 1/8/15)
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)
Tuesday, October 7th, 2014
Residential real estate values from 1890 to 2014 rose an average of 0.3% after inflation, according to a study by Robert Shiller. Residential real estate can produce larger gains, but properties must be identified by professionals who have connections and who have learned to spot opportunities through painful trial and error, writes Carl Richards
Read the article here (NY Times 10/6/14)
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)
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)
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.
Read the article here (Globe St. 9/23/14)