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The Real Deal Los Angeles

October 2017 Issue

Coaching the resi game

Motivational speakers and mentors are busier than ever training L.A.’s agents, but some doubt their effectiveness — and some see a poaching play

“Today we’re talking about power, strength and flexibility and the discipline and practice of yoga, and how we can apply it to your everyday business,” Peter Hernandez, president of Teles Properties, soothingly intoned as he introduced a podcast episode of “Practice & Discipline,” guest co-hosted by yogi Justine Yang. Every Monday through Friday at 9 a.m., the executives at Teles — which was recently acquired by Douglas Elliman — release … [more]

The costs of the new affordable
housing laws

Advocates cheered the new statewide legislation, but developers and other industry insiders are skeptical about how effective it will be

When Gov. Jerry Brown put his John Hancock on a package of affordable housing bills in September, advocates … [more]

Resi brokerages shop
till they drop

Douglas Elliman and Pacific Union have been buying up smaller firms to control a larger piece of the residential market, but its the latter’s parent company, Fidelity, that’s worrying insiders

Douglas Elliman and Pacific Union are buying up firms to control a larger piece of the market, but its the latter’s parent company that’s worrying insiders. … [more]

Making a mortgage marriage

Is sharing the cost — and profits — of a home a winning strategy for L.A.'s buyers?

As brokers and homebuyers well know, 20 percent is the magic number when it comes to getting financing for a home. Being able to make a 20 percent down payment … [more]

The Valley’s MVPs

TRD’s ranking of the commercial brokerages that have conducted the most sales in the San Fernando Valley finds brisk business underway

The San Fernando Valley, Los Angeles’ sleepy longtime suburb, seems to be waking up. Improving public transportation, … [more]

Foreign inflows

TRD’s analysis of the top 12 countries investing in commercial real estate in Los Angeles in the past two years reveals Asia and the Middle East lead the pack

Foreign investors and developers pumped more than $8.28 billion into the commercial real estate landscape in Los Angeles County in the last two years, making L.A. … [more]

Some room at the inn

Despite worries of oversupply, Hollywood and DTLA are still drawing hoteliers

It’s been a record year for tourism in Los Angeles — LAX saw nearly 57 million visitors pass through in the first eight months of 2017, according to airport records … [more]

Sowing the seeds of change

A new state park and zoning changes aim to attract new development in the area known as the Cornfield, but are the builders coming?

For too long, the area known as the Cornfield has been considered no man’s land. The area, which straddles the up-and- coming neighborhoods of … [more]

[Over]supply and demand

Will L.A.’s office market shrug off mounting vacancies?

There’s healthy demand for office space in Greater Los Angeles right now, but the risk of overbuilding is real, insiders say. As of the third quarter, more than 1.5 million … [more]

Industrial-strength leasing

The most in-demand sector finds tenants eager to prelease preconstruction spaces

The volume of Greater Los Angeles’ industrial market construction and deliveries is at a historic high, but demand is still outstripping supply, and for many tenants, lack of available space … [more]

Turning up the heat across SoCal

High demand and low inventory are still driving residential prices up, with developers hustling to get product on the market while it’s still red hot

Residential home prices continue their upward trajectory in Orange County … [more]

Up, up and away in San Diego

As residential prices continue creeping skyward, buyers go farther out of the city center to find a deal

As San Diego’s residential prices go up, up, up, buyers are going farther out, out, out to find a bargain. There’s no sign of the city’s draw diminishing, with more … [more]

The Closing: Jade Mills

You can’t work in residential real estate in L.A. for too long without hearing her name. Jade Mills of Coldwell Banker International is the top female luxury broker in Los … [more]

Editor's note: Stop, meditate and listen

Namaste and welcome, dear readers. You are powerful. In fact, you are power. You are successful. In fact, you are success. You are tapped into the well of abundance…And you … [more]