Press Release

No Credit Crunch, but Capital Allocation Tightens for Commercial Real Estate

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

LOS ANGELES -- What money is available for real estate projects is being steered toward companies with strong balance sheets, strong management, good track records and long-term relationships with institutions, according to Stan Ross, Chairman of the USC Lusk Center for Real Estate (www.usc.edu/lusk). Lenders are clearly taking a harder stance on underwriting, looking more closely at the developers, the project, the cash flow and loan-to-value requirements.

Real Estate Trojans Topple Bruins Two Years in a Row

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

Real Estate ChallengeContact: David Dale-Johnson, Ph.D. (213-740-6526)
ddj@marshall.usc.edu

LOS ANGELES - Graduate students affiliated with the USC Lusk Center for Real Estate (www.usc.edu/lusk) will keep the coveted Silver Shovel for one more year, thanks to last night's victory over challenger UCLA in the fifth annual NAIOP SoCal USC/UCLA Real Estate Challenge.

New Keston California Infrastructure Institute Launched by USC Lusk Center

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

Keston Launch
LOS ANGELES – For the first time in California, a university research institute has been formed to actively address the infrastructure challenges faced by the state. Funded with a lead gift from Michael and Linda Keston, the Keston California Infrastructure Institute will be housed at the University of Southern California’s Lusk Center (www.usc.edu/lusk).

What Housing Bubble? USC Expert Says It Doesn’t Exist.

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

LOS ANGELES -- The recent surge in housing prices is driven not by speculative fever but by the fundamentals of supply and demand, says Raphael Bostic, Ph.D., Director of the USC Casden Real Estate Economics Forecast. Dr. Bostic, a former senior economist with the Federal Reserve Board of Governors, is available to discuss the dynamics of a classic housing bubble -- created by speculators hoping to make fast returns by buying homes and quickly selling them at higher prices.

“When buyers see home prices rising, they decide to jump in to the market while they can still afford housing.

Los Angeles Region’s Sluggish Recovery to Continue in 2003, Says USC Casden Real Estate Economics Forecast

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

LOS ANGELES (Business Wire) -- The gradual but uneven recovery of the Los Angeles region’s economy will continue in 2003, with the strongest growth in the Inland Empire and the weakest in Los Angeles County, according to a regional outlook issued today by the USC Lusk Center’s Casden Real Estate Economics Forecastcolor>. Orange and Ventura counties should have moderate growth next year.

The regional outlook was presented at the Reality Check on Growth conference comprised of government, business and real estate leaders gathered today on the USC campus.