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Office Rents Increasing in Major Markets around the Globe 1/13/06 For the first time this decade, asking rents for Class A office space increased simultaneously in 10 major global markets, according to preliminary year-end 2005 figures from CB Richard Ellis Research. Hong Kong and London we...
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Draftsmen & Craftsmen - Views at 270 Wins California Construction "Best of 2005" 1/10/06 The Views at 270 won California Construction's “Best of 2005, Residential” award for its innovative approach to combining affordable housing with a national retail developer. The project, a development of Hollywood Community ...
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Healthy 2006 Predicted for Commercial Real Estate 1/09/06 Grubb & Ellis Company (OTC: GBEL), the national commercial real estate services firm, just released its 2006 North America Real Estate Forecast, which indicates that commercial real estate should have another healthy year as ...
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CA Housing Affordability Remains at 15% for October 12/14/05 The percentage of households in California able to afford a median-priced home stood at 15 percent in October, a 4 percentage-point decrease compared with the same period a year ago when the Index was at 19 percent, according...
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Economic Update 12/13/05 Friends and Colleagues:
Sure, we all expected to see the Fed continue their run of raising rates as they did today. The real question is, what should we expect in the future as the economy progresses and we head into th...
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More Positive Numbers for SoCal's Office and Industrial Markets 12/07/05 Southern California's industrial and office markets continued to experience strong growth during the third quarter of 2005, with rents climbing and vacancy rates reaching new lows, according to the latest quarterly figures fr...
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Draftsmen & Craftsmen 12/01/05 Palisades Development Group recently broke ground on the Ostrich Farm, a 53-unit live/work condominium renovation at 1010 Sycamore, near Pasadena Ave & Arroyo Verde. The project, which was designed by Killfer Flammang Archit...
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Draftsmen & Craftsmen 11/29/05 Framing has reached the midway point at Hillside, the first residential building in Phase II of La Costa Glen Carlsbad, a continuing care retirement community. The new construction marks the first wave of expansion for the s...
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Developers Need to Properly Prepare to Take on Community Opposition 11/18/05 Local PR expert Al Abrams provides some insight into how developers should tackle community opposition to new projects. Abrams is President of Tarzana-based Abrams Creative. He can be reached at Abrams@publicist.com.
Commun...
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CA Housing Affordability Index at 15% for September 11/16/05 The percentage of households in California able to afford a median-priced home stood at 15 percent in September, a 4 percentage-point decrease compared with the same period a year ago when the Index was at 19 percent, accordi...
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Draftsmen & Craftsmen 11/09/05 Ware Malcomb, the national architecture, planning and interior design firm, has wrapped up design work on a couple of interesting SoCal projects that are now under construction, one in Otay Mesa and the other in Murrieta.
Th...
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Economic Update 11/07/05 Friends and Colleagues,
This week's Economic Update is dedicated to the memory of our good friend George Smith, who passed away this week after a long and difficult illness. We will remember George in our Thought for th...
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September Home Prices in CA Up 17.3% from Previous Year 10/27/05 The median price of an existing home in California increased 17.3 percent in September and sales increased 3.9 percent compared with the same period a year ago, according to the most recent data from the California Associatio...
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Draftsmen & Craftsmen 10/20/05 Here's an update on three architecture/design firms that handle a lot of work in Southern California. Irvine-based Ware Malcomb, has completed design work and construction is nearing completion for the Brenexus Office Edition...
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CA Affordability Drops to 14% in August 10/12/05 The percentage of households in California able to afford a median-priced home continues to drop, with the August figure coming in at just 14 percent, a 4 percentage-point decrease compared with the same period a year ago whe...
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Economic Update 10/11/05 Friends and Colleagues:
History...the economy...interest rates.... These are the themes that we explore this week thanks to the insights of Eugenio Aleman, PhD, Senior Economist for Wells Fargo Bank.
The Reality of Rising ...
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Economic Update 9/23/05 Friends and Colleagues:
As hurricane Rita approaches the Gulf Coast, our thoughts and prayers are with those whose lives will be forever changed by the coming storm. We wish them safety and strength at this time of pendi...
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Modest Appreciation Predicted for CA Home Prices in 2006 9/23/05 Is 2006 the year that California's housing boom goes bust, or will the country's unprecedented period of price appreciation continue? There are countless opinions on that subject, including the latest forecast from the Califo...
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TOBY or Not TOBY 9/22/05 BOMA of Greater Los Angeles handed out its prestigious 2005 Office Building of the Year “TOBY” awards at a glamorous awards ceremony in Century City last Friday night. It's the one competition in the Los Angeles area that hon...
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CA Housing Affordability Remains at 16% 9/13/05 The percentage of households in California able to afford a median-priced home stood at 16 percent in July, a 3 percentage-point decrease compared with the same period a year ago when the Index was at 19 percent, according to...
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