Friday, May 15, 2015
Los Angeles is a sexy market for real estate development, but as locals will tell you, it's not always profitable, and it's almost never easy. Why would foreign investors want a financial stake in a market that even the most seasoned developers find difficult to navigate? As it turns out, Los Angeles' real estate market is hot, hot, hot for foreign investors – and has witnessed significant inflows of overseas capital in recent years.
From the trophy projects of the downtown Wilshire Grand and ultra-luxury "starchitect"-designed condo towers in Beverly Hills to quieter financing deals that fly under the radar, money from China, Korea, Canada and elsewhere is helping to fuel development all over the region and propel property prices to new highs in certain areas. Does this diversity merely reflect Los Angeles' status as a world-class city, or is there more to be learned from these investment trends? Please join WUF in May to find out what makes these investors tick, what they're hoping to get out of L.A., and how their sensibilities influence the types of projects that are rising on our skyline.
Please join the Westside Urban Forum on Friday, May 15, 2015 to participate in a lively discussion with our speakers:
Moderator
Dan Cashdan, Managing Director, Holliday Fenoglio Fowler
Panelists
Sonnet Hui, Executive Project Director, Hazens Real Estate Group
Sara Hernandez, Downtown Area Director & Special Counsel for Councilmember Jose Huizar - NEW ADDITION
Jess Lall, Executive Director, South Park Business Improvement District
