May 4, 2012
...The plan to develop condos at the Title Insurance Building comes as many real estate investors are funneling their money into the rental market. ...The trend accompanies an increasingly tight rental market. According to a recent study by the USC Lusk Center for Real Estate, rental rates in the Downtown area have increased 18.2% since 2010 and occupancy is at 96.8%. Only the Westside has a higher average rental rate than Downtown.... For the full article, see the link: