On May 13, 2008 the City Council approved the jewel of Downtown Los Angeles: The Park Fifth Condo Project. This $1.5 Billion development is a twin tower complex consisting of a 76-story and a 44-floor tower that house a 5-star hotel and condominium u...
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Attention all REO investors: we can help you negotiate the best price on REO listings. Our unique role in the REO market has allowed us to demand concessions from banks in order to meet our investor needs. If you are interested in REO property no...
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The Los Angeles City Council approved a plan to expand the southern boundary of the Arts District, paving the way for redevelopment of the mostly industrial area between Sixth and Seventh streets just west of the L.A. River. Councilman Jose Hui...
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"Short Sale!" These words fill buyers with giddiness and glee as their hopes rise for getting a great distressed home priced at pennies on the dollar. The sad truth is that these type of sales are the worst run transactions in the mar...
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Sam Zell, the real estate tycoon who bought the Los Angeles Times and sees downtown L.A. as his new pet project has publicly stated that he expects the real estate market to be in recovery next year. This prediction goes against every sentiment p...
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The Dilemma Since the 1950’s, real estate in Downtown Los Angeles has been mostly commercial and office space, with very little residential activity. Los Angeles was the original model for the "suburban" way of life: drive downtown t...
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Two of Downtown Los Angeles' most high profile high rise developments have been on life support since the start of this year. With ominous delays and rescheduling of groundbreaking dates, things were not looking good for ...
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The banks' proposed bailout wherein the federal government buys all the banks' bad debt so that the banks can have cash to create more loans is fiscally irresponsible and solely helps the banks, not the homeowners. Sadly, the banks are making this so...
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