Law Office of Henry B. LaTorraca Civil Trial Attorney

Growth in Los Angeles commercial real estate

Los Angeles is a fast-growing commercial real estate market. While traditionally cities such as New York, London and Tokyo have topped the global CRE market, they are now being challenged by several other cities, and Los Angeles appears to be at the top of this new wave. With transactions totaling $22.9 billion in 2017, Los Angeles surpassed New York City in world rankings and was second only to London.

Los Angeles is more affordable than many of the traditional leading cities, and there are also more opportunities there for investors. Other factors are its size, its economic strength, its connectivity to the rest of the country, and its diverse economy. All of the cities that are rising up to challenge the traditional commercial real estate markets share additional traits such as multiple clustered specializations and global capital's trust.

In 2017, the office sector was responsible for 47 percent of flows followed by the industrial sector with 30 percent, retail with 17 percent and hotels with 6 percent. Sovereign wealth funds, value-add equity and debt fund strategies have all been significant in this growth. It is anticipated that Los Angeles will remain attractive to investors in 2018.

Investing in real estate may create a number of complexities, but an attorney can often assist in preliminary due diligence on a targeted property and the preparation and review of purchase agreements and other documents. Other areas in which an attorney's help can be advisable include ensuring that all applicable laws and regulations are complied with and locating alternative sources of equity and debt financing.

No Comments

Leave a comment
Comment Information

Creative Solutions for Complex Legal Issues

Map email us for a response

Contact the Law Office of Henry B. LaTorraca

Prospective clients are invited to contact attorney LaTorraca at 562-216-2942 for an initial lawyer consultation to discuss their legal matter.

*AV Preeminent is a certification mark of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the confidential opinions of members of the Bar and the judiciary. Martindale-Hubbell ratings fall into two categories - legal ability and general ethical standards.

Contact Us

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Follow Henry B. LaTorraca Via Social Media

400 Oceangate Suite 700 Long Beach, CA 90802-4306 Phone: 562-216-2942 Fax: 562-216-2943 Map & Directions

facebook google plus linkedin directions