Downtown Los Angeles (DTLA) is seeing the biggest development boom since the 1920s! As Bisnow puts it, “the revival of downtown Los Angeles tells a story of a comeback.” For decades, downtown LA has seen, violence, crime, urban flight, and [...]
Up front, commercial redevelopers have to pour a lot of money into their projects. Often these properties span 50K square feet or more. They become the central point for business districts in cities across America. Today’s redevelopment projects are largely [...]
News that tech startups and residents alike have been moving out of Southern California due to rising prices is missing a big development – surprise! It’s office development on the rise in L.A. Office construction is picking up across the [...]
Developers have always done their best to predict the up-and-coming neighborhoods ripe for getting in on the ground floor. Today finding new investment properties ready for development is less of a mystic art and more science. New data sources and [...]
A Mini-Permanent (mini-perm) loan is a type of commercial real estate loan that typically has a term between 3 to 5 years. Typically, a mini-perm is used to pay off a construction loan and fills in the gap until longer-term funding can [...]
Some luxury estates built pre-2000s need renovation to match contemporary home buyer needs with the neighborhood’s price point. With other dated properties, it may be more cost-efficient to demolish the existing structure and rebuild. It’s not uncommon in some luxury [...]
A general contractor (GC) can dramatically influence a project's bottom line. That's why its important to know the right questions to ask when hiring one. Some questions are obvious like, “Are you licensed and insured?” or "What's your availability" However, the [...]
