With a 30-year legacy of uplifting the next generation of diverse real estate executives, the USC Lusk Center for Real Estate’s Ross Program announces 18 new graduates for their 2023 winter session. Since its launch in 1993, the program has graduated over 1,000 students and remains a pivotal academic asset to equip professionals with critical real estate development and finance skills.
Southern California’s apartment dwellers can expect steadily increasing rents over the next couple of years, according to a recent report by the University of Southern California’s Lusk Center for Real Estate.
USC Lusk’s annual Casden Real Estate Economics Forecast projected “continuing rent increases over the next two years” across the five Southern California housing markets it tracks — Los Angeles County, Orange County, the Inland Empire, Ventura County and San Diego County.
Over the next couple of years, Long Beach could continue to see rent increases, according to a new report from USC’s Lusk Center for Real Estate.
In Long Beach, where 60% of residents are renters, vacancies have dipped to under 5%, a trend that is mirrored in Los Angeles County, as well as Orange County, San Diego County, and the Inland Empire.
By Bianca Barragán
A Hollywood entertainment complex formerly home to two of the silver screen's most important early players is slated for a pricey and comprehensive makeover in the latest effort to bring new production and studio space to the market in Los Angeles.
By Jeff Nguyen
With interest rates rising another .75%, Southern California's once red-hot real estate market has calmed down.
"Every time we'd put an offer in it wouldn't go through because somebody put $50,000 more, $60,000 more," said homeowner Ariana Sipavich.
Sipavich finally closed on her home purchase about four months ago, finally buying a fixer-upper.
"Our home was probably the ugliest home on the block," she said.
Average long-term U.S. mortgage rates climbed over 6% this week threatening to sideline even more homebuyers from a rapidly cooling housing market. Rising interest rates — in part a result of the Federal Reserve’s aggressive push to tamp down inflation — have cooled off a housing market that has been hot for years. Sales of existing homes in the U.S. have fallen for six straight months, according to the National Association of Realtors.
By Roger Vincent
A historic Hollywood studio site where such stars as Rudolph Valentino and Lillian Gish made silent films is poised for a $600-million comeback in the new era of streaming entertainment.
The owner of Television Center, once home to Technicolor’s filmmaking laboratory and Metro Pictures Corp., plans to turn the dated complex on Romaine Street into a bigger, more modern studio that will rent production facilities to people who make movies and television shows.
LOS ANGELES — A $100 million boutique condominium complex growing in the Golden Triangle district of Beverly Hills is bucking Southern California’s luxury vertical-living rivalries with the likes of potential five-star restaurants, private pools and pampering that attract elite downsizers to its Could be huge wealth.
LOS ANGELES — A $100 million boutique condominium complex growing in the Golden Triangle district of Beverly Hills is bucking Southern California’s luxury vertical-living rivalries with the likes of potential five-star restaurants, private pools and pampering that attract elite downsizers to its Could be huge wealth.
LOS ANGELES — A $100 million boutique condominium complex growing in the Golden Triangle district of Beverly Hills is bucking Southern California’s luxury vertical-living rivalries with the likes of potential five-star restaurants, private pools and pampering that attract elite downsizers to its Could be huge wealth.