THE REAL DEAL REAL ESTATE NEWS Los Angeles office cubicles could be swapped for walk-in closets and induction stovetops. More landlords are considering converting offices into condos or apartments as companies cut back on leases as they permanently adapt to remote work, the Los Angeles Times reported. While most haven’t acted, candidates for conversion are eying uncertain...

• calendar_month June 1, 2023
• category Los Angeles
• post Affordable Housing, Apartment, High-Rise Office, Housing, Los Angeles, Office Buildings, Rent, Vacancy

July 2023 Commercial Real Estate Market Insights Report National Association of REALTORS® Research Group   Summary Leasing velocity slowed down in commercial real estate during the year’s second quarter. While there is still much uncertainty about the total impact of the bank failures earlier in the year, there are rising concerns and speculation about wh...

• calendar_month August 8, 2023
• category Market Update
• post Commercial, economy, gross domestic product, High-Rise Office, hospitality, hotel, Industrial, inflation, multi-family, Office Buildings, Retail