How Apartment Rents Can Impact Commercial Real Estate
This past January, a new study came out that shocked me. Even more shocking is that many people didn’t seem to register the impact of the study, or just overlooked it. What I’m talking about is the study that compares apartment rent costs across the country. With an average price of $4,799, Santa Monica now has the highest apartment rents in the nation, followed by New York. Even more surprising is that Venice, just to the south of Santa Monica is now rated number 5 in the nation, having the dubious distinction of beating out San Francisco. Other than making apartments look like a good investment for the future, what does this mean for our local economy?
How Apartment Rents Can Impact Commercial Real Estate
This past January, a new study came out that shocked me. Even more shocking is that many people didn’t seem to register the impact of the study, or just overlooked it. What I’m talking about is the study that compares apartment rent costs across the country. With an average price of $4,799, Santa Monica now has the highest apartment rents in the nation, followed by New York. Even more surprising is that Venice, just to the south of Santa Monica is now rated number 5 in the nation, having the dubious distinction of beating out San Francisco. Other than making apartments look like a good investment for the future, what does this mean for our local economy?
Q4 2016 Commercial Real Estate Outlook - Westside / Los Angeles
CEO George Pino presents his outlook for the Los Angeles / Westside market for the fourth quarter (Q4) of 2016.
Q4 2016 Commercial Real Estate Outlook - Westside / Los Angeles
CEO George Pino presents his outlook for the Los Angeles / Westside market for the fourth quarter (Q4) of 2016.
Los Angeles Q3 2016 Commercial Real Estate Outlook
Commercial Brokers International CEO George Pino gives his outlook for the Commercial Real Estate market in Los Angeles for the Third Quarter of 2016.
Los Angeles Q3 2016 Commercial Real Estate Outlook
Commercial Brokers International CEO George Pino gives his outlook for the Commercial Real Estate market in Los Angeles for the Third Quarter of 2016.
Why Traditional Retail Shopping Is Still Alive Despite the Many Benefits of Online Shopping
With Black Friday and Cyber Monday around the corner, it is the perfect time to talk about the viability of traditional retail in the midst of an ever-growing e-commerce industry.
Online shopping in the U.S. has increased dramatically in the past decade or so. In 2002, desktop business to consumer (B2C) e-commerce sales in the U.S. was $72 billion.
Why Traditional Retail Shopping Is Still Alive Despite the Many Benefits of Online Shopping
With Black Friday and Cyber Monday around the corner, it is the perfect time to talk about the viability of traditional retail in the midst of an ever-growing e-commerce industry.
Online shopping in the U.S. has increased dramatically in the past decade or so. In 2002, desktop business to consumer (B2C) e-commerce sales in the U.S. was $72 billion.
Pop-Up Stores Popping Up Everywhere
With the holiday season in full force, consumers are shopping for items such as Halloween costumes, presents and heavily discounted goods. They are buying thru familiar channels like shopping malls, big box stores and online. However, there is one other way holiday spenders might consider parting away with their cash and that is through pop-up stores. In this article, I will briefly describe what a pop-up store is, who benefits from opening one and what the specific benefits are.
Pop-Up Stores Popping Up Everywhere
With the holiday season in full force, consumers are shopping for items such as Halloween costumes, presents and heavily discounted goods. They are buying thru familiar channels like shopping malls, big box stores and online. However, there is one other way holiday spenders might consider parting away with their cash and that is through pop-up stores. In this article, I will briefly describe what a pop-up store is, who benefits from opening one and what the specific benefits are.