Key Factors for the Near Future of CRE

According the Urban Land Institute and update from Bisnow.com, here here some key factors affecting CRE going forward and into 2019: 1. Office and multifamily amenities on steroids: New office buildings and multifamily assets are going well beyond the fitness center and recreational areas to include child and pet care, bike storage and even a “curated garden” […]

Martin Beck of Major Properties Has Closed a Multi-Family Deal for $4,250,000

Martin Beck has been specializing in multi-family real estate for the past five years (out of the ten that he’s been with Major Properties). As most of us are aware, Los Angeles housing is incredibly limited these days. Finding a multi-family property for sale is very competitive, especially one in a good location and priced […]

DTLA Grand Central Market Has Been Sold to a Beverly Hills Real Estate Investor

The Los Angeles Times has reported that the bustling Grand Central Market, one of Los Angeles’ best-known cultural landmarks, has been sold to a Beverly Hills real estate investor who vows to preserve its historic charms. The sale that closed Tuesday included the 12-story Million Dollar Theater tower next door, home to the first movie […]

Go Dodgers!

In baseball, when you win 104 games in the regular season, it is expected that you go to the World Series. That is not anything that can be questioned. However, if the Dodgers don’t have enough pressure riding on the outcome of this post season, I want to remind my business friends that real estate economic […]

Party Fun with the Stanley Black Family and Molly Forrest

Bradley Luster, President of Major Properties, takes a photo of Stanley Black and Molly Forrest, CEO of the Guardians Jewish Home for the Aging, at Mr. Black’s 85th birthday party. Stanley Black is an American real estate investor and philanthropist from Beverly Hills, California. He is the Founder and Chairman of the Black Equities Group. Through […]

Tallest Residential Building in California Proposed for DTLA

The Los Angeles Times has reported that a skyscraper that would be the tallest residential building in California has been proposed for Downtown Los Angeles. Crescent Heights, a Miami-based developer, submitted a proposal to the city Planning Department this week to build a 70-story apartment building that would stand out in size and design amid […]

City of Los Angeles Launches Cyberattack Warning Center

The Los Angeles Business Journal has reported that L.A. Mayor Eric Garcetti announced the launch of the Los Angeles Cyber Lab, a public-private data-sharing center for alerting local businesses and residents to cyberattacks. Cyber Lab was formed in partnership with Cisco Systems Inc. of San Jose. The organization will alert small- and medium-sized business partners […]