Los Angeles multifamily construction moderates further, paving the way for tightening rental market
Around 7,300 units began construction recently, down from a 2021 high of 13,700
Driven by difficult financing and rising vacancy earlier in the decade, multifamily construction is cooling Los Angeles County.
A World Series commercial real estate showdown
New York and Los Angeles markets step up to the plate
It's late October, the time when sports fans turn to baseball's World Series. This year the New York Yankees and the Los Angeles Dodgers square off in the fall classic.
Los Angeles retail leasing falls short of taming rising availability
More tenants are moving out of L.A. retail spaces than are moving in
Faced with population shifts and economic uncertainty, the Los Angeles retail property market is struggling to retain tenants.
With rent control on California's ballots, here's a look at where apartment rent growth is headed
Increases are tepid across the state
California voters are heading to the polls in November, and among the many decisions they will make is determining the future of rent control across the state. This will mark the t...
In Los Angeles, a sober office market persists amid modest leasing
Forecast anticipates occupancy losses to persist until at least 2025
Office leasing activity in Los Angeles remains tepid, foreshadowing rising vacancy and flat rents in the months ahead.
As Greater LA apartment concessions hold steady, apartment market could near turning point
Stabilizing vacancy and modest rent gains improves the outlook for the area's landlords
As multifamily lease concessions moderate and hold steady in Greater Los Angeles, things might be looking up for the region's apartment landlords.
Despite elevated rents, luxury apartment demand drives activity in LA
Middle- and lower-tier properties see softer activity
In Los Angeles, lower- and middle-income residents are facing near-record rents, keeping activity low. Higher-income renters seeking luxury apartments, however, have primarily driv...
Vacancy is up, so why are asking Los Angeles office rents seeing gains?
Trend this year represents a reversal from losses in 2022 and 2023
Average office asking rents in Los Angeles have seen modest, year-to-date gains, reversing the sliding rates of 2022 and 2023.
Apartment construction moderates in popular Los Angeles neighborhood
Units underway in still-active Koreatown neighborhood are the lowest since 2018
Multifamily construction activity is tapering in one vibrant Los Angeles neighborhood.
Available Los Angeles office sublease space remains at record levels
The region's market has faced rising levels for years
Elevated amounts of available sublet space continue to afflict the Los Angeles office market and are nearing the area's highest-ever levels.
Los Angeles retail starts could be most modest in more than a decade
Developers exercise caution in the face of weak 2024 fundamentals
Faced with high financing and other challenges, retail construction activity in Greater Los Angeles is set to hit a low point as developers remain risk-averse.
Los Angeles apartment rents plateau in summer months
Year-to-date growth underperforms national trends
After gains in the first half of 2024, multifamily rents in Greater Los Angeles stayed flat over the summer.
Local Los Angeles Retail Space Demand Among Worst in US
Vacancy in the Region on the Rise in 2024
Since the beginning of 2024, retail market vacancy in Los Angeles has been on the rise.
As Vacancy Flattens, Los Angeles Multifamily Market Could Soon Turn Corner
Occupancy Losses Continue After the First Half of the Year
While the Los Angeles apartment market vacancy rate has remained steady this summer, hovering around 5.4% since late June, the figure could offer landlords a data point for cautiou...
As Los Angeles Office Leasing Stays Flat, No End in Sight to These Property Pains
Moderate Tenant Activity Persists With No Signs of Relief Soon
In the second quarter of 2024, Los Angeles office tenants signed an estimated 4.2 million square feet of leases, a level that does not offer any signs of relief for the beleaguered...
Second Quarter Office Sales Activity in Los Angeles Remains Muted
Region’s Investment Market Remains Far Less Active Than It Was Before 2020
Los Angeles witnessed around $440 million in office sales during the second quarter of 2024, a sign that the region's investment market remains far less active than it was before t...
Multifamily Sales Activity Remains Modest in Greater Los Angeles
Second-Quarter Activity Citywide and Countywide Was Well Below 2021 and 2022 Measurements
Hampered by high debt costs and by recent transfer tax legislation in the cities of Los Angeles and Santa Monica, multifamily sales activity in Greater Los Angeles remains listless...
Multifamily Development Continues Slowing in Los Angeles
Annual Construction Starts in Region Lowest Since Early 2013
As developers respond to uncertain financial conditions and moderating tenant interest, Los Angeles County only saw construction start on around 500 market-rate units in the second...
Private Buyers Dominate Retail Property Purchases in Los Angeles
Other Capital Sources, in Contrast, Demonstrate Limited Interest
Los Angeles retail property sales activity has been modest since early 2023, with dollar volumes some of the lowest seen in over a decade. These lower transaction levels have left ...
Demand for High-End Apartments Drives Los Angeles Renter Activity
Vacancy Continues Declining in the Top-Tier Multifamily Segment
As Los Angeles's lower- and middle-income renters face economic uncertainty and rising rental costs, the region's recent multifamily leasing activity has been driven by higher-inco...