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July 2013 Archives

California commercial real estate market is growing

Leaders in California's commercial real estate industry say that there is a bright future ahead of them; for the next few years, at least. A recent UCLA Anderson Forecast poll showed that professionals believe that the market will grow steadily for the next two or three years. Growth will continue after that, they say, but at a slower pace.

Business litigation doesn't bring big settlement to Los Angeles

Two years' worth of business litigation resulted in a $10 million settlement between the city of Los Angeles and Deutsche Bank recently. It was, however, only a fraction of the amount that Los Angeles was seeking and will not likely be paid back by the bank.

Commercial real estate investor seeks to transform Los Angeles

A Bel Air-based holding company has been quietly acquiring commercial real estate in the past year, looking to transform old buildings into new residential units and hotels. The firm's founder has credited his ability to acquire the 10 buildings quickly to knowing the market and being able to pay cash for the properties.

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