Auto Repair Properties Could Be a Good Investment Despite the Recession

Our economic recession has produced ill-effects for many industries; however, there are certain business types that are actually benefiting from the recession. One such type is the auto repair industry, which has observed increased sales precisely because of the harsh economic climate. Despite the governments Cash for Clunkers program (or because of it), new car […]

Top LoopNet Trends in Los Angeles

LA-Q3-Market

The average asking price per unit for multifamily property on LoopNet in Los Angeles County had a slight uptick in the third quarter. The 0.89% increase, marked the first time in four quarters that prices did not decline. Last month, an article in The Wall Street Journal Online reported the sale of The Gallery at […]

LoopNet Trends in Los Angeles

LA_Ind_Q3_091

Q3 2009 LoopLocal Insight Reports were recently released for 39 markets nationwide, showing sales trends for each of the five major property types. Today we checked out asking prices for industrial listings in Los Angeles County on LoopNet and noticed a decline of 12.4% since Q3 2008 and 3.6% since Q2 2009. According to the […]

The Road to Recovery: Commercial Real Estate

The commercial real estate industry is now expected to linger in recession through 2011, with recovery beginning in 2012, according to a recent survey released by Price Waterhouse Cooper. Rather than affecting all asset classes at once, the recovery will take hold in different segments at varying times. This most likely relates to the level […]