We're starting to see signs of life...buildings are trading, interest rates have never been so low, and there's even debt available (sometimes). Yet many properties bought near the peak are still underwater, local government is in deep trouble and shedding jobs, and the consumer barely has a pulse. What's it all mean?
Is Southern California in for more tough sledding? Or can the power of the private sector somehow pull us out of this cycle without waiting for infrastructure salvation to rain down on us from Washington?
Closer to home, how will Westside offices, apartments, industrial, and retail projects fare compared to other sections of the metropolis - with some of the worst traffic congestion and highest prices working against our incomparable location, will we continue to be a target for worldwide investment capital?
Please join the Westside Urban Forum on Friday, November 19th, 2010 at 7:00am to discuss what's next for real estate on the Westside.
Moderator
Doug Metzler, Hines
Panelists
Darla Longo, CB Richard Ellis
Laurie Lustig-Bower, CB Richard Ellis
Kevin Shannon, CB Richard Ellis
Darla Longo, CB Richard Ellis
Laurie Lustig-Bower, CB Richard Ellis
Kevin Shannon, CB Richard Ellis