UPDATED, March 15, 3:30 p.m.: Despite the recent wave of technology firms flooding into Los Angeles, the city’s office landlords aren’t placing all their bets on tech tenants.
“We underwrite real estate, not tenants,” Hackman Capital’s Ryan Smith said during The Real Deal’s first-ever Westside Spotlight and Forum on March 7.
Smith, alongside Patrick McRoskey (CBRE), Eric Brown (LBA Realty) and Jon Slavet (WeWork West), discussed the industry’s impact on Culver City, whether landlords view co-working as a competitor and more during the event. For a full look at the panel, watch the video above and be sure to check out our recap to catch up on what you missed.
Correction: The previous version of this article quoted Hackman Capital’s Ryan Smith as “We undewrite tenants, not real estate.” The post has been updated with the correct quote.