Tag Archives: Multifamily

Los Angeles home ownership declining

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Los Angeles home ownership declining

The Los Angeles metropolitan area has one of the lowest home ownership rates in California at 46.5 percent and well below the 62.9 percent U.S. national average.

Rising home prices and the Millennial generation’s preference to rent… Read More

Investment Firm UrbanBlox To Redevelop Mixed-Use Building in Downtown Los Angeles

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The firm has acquired 12 buildings in past 15 months

condon_michael_jrUrbanBlox, a Los Angeles-based boutique development firm, announced today that it has acquired a 51,055-square-foot office building in Downtown Los Angeles’ Jewelry District for $8.54 million.  This is the firm’s 12th acquisition in the past 15 months which includes creative, mixed-use and multifamily properties in the LA River, Downtown Los Angeles,… Read More

Chinese capital targets Hollywood’s commercial real estate

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Los Angeles poised to receive share of global US$15 billion in Chinese investment by the end of 2014

2014-09-01-The-Investor-Chinese-capital-targets-Hollywood-CRE

America’s Tinseltown is the latest target for Chinese commercial real estate investment according to a recent report from JLL. While global Chinese outbound transaction volumes catapulted from US$5.6 billion in 2012 to US$11.3 billion in 2013, JLL is forecasting this figure to reach US$15 billion by… Read More

JLL’s Ben Stapleton featured in Bloomberg on rare development potential next to burgeoning LA River

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2014-stapleton_high_resBloomberg featured JLL LA‘s Ben Stapleton in their article ‘A River Runs Through Los Angeles‘

For the second time in under two months Ben Stapleton, Vice President, was featured sharing his thoughts on the development potential for land adjacent to the $1 billion 11-mile Los Angeles River revitalization. $5.7 billion in development investment opportunities could potentially be generated by this transformative project:

Jones Lang LaSalle’s Stapleton has received 11 offers for

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How the oil and gas boom impacts real estate, and beyond

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The U.S. emerges as a leader in the world’s energy market and increased demand for real estate follows

Over the next couple of decades, the U.S. energy industry will drive employment gains, the reindustrialization of the economy, the migration of workers and income growth. The economic impact of surging natural gas and shale oil production will not only be felt by those directly in the energy industry but the numerous sectors that… Read More

America’s historic energy boom

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The energy boom is expected to support 3.5M jobs by 2035, a 36% increase

The U.S. is in the midst of a historic energy boom that is set to create a ripple effect on office, industrial, hotel, multifamily and retail space now and in the future.Why? It’s simple, really. More production requires more facilities, and creates more jobs. Those employees and their families need nearby housing, places to work and places to… Read More

South Park emerging as Downtown’s most vibrant district

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2013-Research-Report-South-Park-Los-AngelesThe story of LA’ South Park district is one of remarkable rebirth

Blockbuster development has transformed South Park into an entertainment powerhouse making Downtown Los Angeles a destination for concerts, conventions and sporting events. The area continues to experience unparalleled levels of investment in large-scale hotel and multifamily projects.

By positioning itself as a hub for the creative economy, commercial and residential properties in… Read More

How will growth in the energy industry impact U.S. real estate in years to come?

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The U.S. energy boom will have a significant, long-term impact on real estate across multiple sectors and property types. In fact, our experts predict that it could spur the country’s next economic renaissance. View the infographic below to see our real estate forecast in response to energy industry growth.

Lightning in the forecast

Tweet this: The #energy industry continues to increase demand for industrial, office,… Read More

Multifamily housing trends from US energy growth

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37 percent of new US jobs created since 2002 are related to natural gas and oil drilling, causing a major growth in housing demand in energy-centric communities. View the infographic below to see how this job growth, paired with other societal factors, is impacting multifamily housing trends.

A Charged Market

Tweet this: @JLLNews says check out this #JLL infographic on how the #energy #boom is… Read More

Downtown LA’s urban living trend to thrive through 2020

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2013-Research-Chart-of-the-Week-October-28

Click here for more market insight on our Los Angeles research group web page: Los Angeles – Research

Tweet this: @JLLNews says recent high-density-only development legislation means #downtown #LA‘s #highrise construction will boom http://bit.ly/18FF9aF

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