Randyl Drummer from CoStar recently posted a story on their website of the need and recent trend for repositioning distressed assets such as malls and other under-performing retail centers in order to transform them into income-producing properties through alternative uses. This story really hit home with Urban One as we have been consulting in the retail sector for […]
Some of you avid Urban One fans out there may have read our previous blog posts back at the end of May regarding the resurgence of the multifamily and retail real estate markets. If you’re like me, you have been driving up and down the streets of Los Angeles seeing construction fencing, flagmen, tower cranes […]
Urban One’s Ben Feingold and Eric Metz collaborated with UCLA Anderson School of Management lecturer/developer, Paul Habibi, on a report that was commissioned and released earlier this week by the Los Angeles Business Council (LABC). It is a study on the current state of workforce housing, economic competitiveness, and real estate development in Los Angeles, […]
After a court decision earlier this year that brought redevelopment in California to an end, many projects around the state and in the City of Los Angeles came to a halt, their fates uncertain with questions of what would happen to money that had been committed by the CRA/LA. But thanks to a decision by […]
A couple days ago, we did a brief blog post on the retail market heating up. Today, let’s talk about multifamily. The multifamily market, specifically new development, has shown signs of growth in 2012. After the financial crisis, since 2009 the multifamily rental market has experienced an uptick in renter demand and a dip in […]
Not only will this year mark a resurgence in the multi-family real estate market, but retail will become stronger as well. Already this year, there has been an increase in the trading of new retail properties by REITs nationwide, with the activity projected to grow moving deeper into 2012. According to CoStar Group, “The deals […]
If you had the opportunity to read one of our previous posts on the The Kor Group‘s redevelopment of the Eastern Columbia Building being one of the trailblazers of the Adaptive Reuse Ordinance in Downtown Los Angeles, then you will enjoy a recent article published on The Architects Newspaper blog. We all saw are surge […]
Here is a great post on Curbed LA about the renovation of the Eastern Columbia Building in Downtown Los Angeles. Urban One’s partners had a hand in this when they worked at The Kor Group, and this was one of Dennis Allen’s biggest accomplishments during his tenure at the firm. Originally built as a department […]