CGI+, the investment and development firm founded by Gidi Cohen, has filed updated plans for a major apartment complex in central Hollywood. The project would be located at 1830 North Cahuenga Boulevard, at the corner of Cahuenga and Franklin Avenue, a prime Hollywood location a few blocks north of the Hollywood Walk of Fame.
Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
The last year has not been easy for the head of a commercial real estate company. Inflation and the Fed’s response, as well as trends that emerged from the pandemic, have clearly had an impact on the industry across all of the sectors. Besides the effect of, say, ongoing remote work on the beleaguered office asset class or the slowing pace of rent increases in multifamily, these executives have also had to navigate an increasingly difficult capital markets environment. I have some bad news for this group: the near-term future doesn’t look any easier. Enter our selection of Best Bosses this year. This year’s picks were made at least in part based on their resiliency and ability to position their companies for future growth, whenever that might occur. We are confident these strengths will see them through what could be choppy waters ahead.
It’s a unique new year. Turning the calendar often brings optimism and excitement about big goals and new potential achievements. Some years, however, especially in our industry of commercial real estate, cyclical routines of market highs and lows might overshadow the...
The commercial real estate market is heavily influenced by the state of the overall economy. During periods of economic growth, demand for commercial real estate typically increases, which can drive up prices and lead to new construction. Conversely, during economic downturns, demand for commercial real estate tends to decrease, which can lead to falling prices and a slowdown in new construction.
The real estate market is currently facing a period of uncertainty due to the economic impacts of the COVID-19 pandemic. Investors are worried about the potential for a prolonged recession, which could lead to a decrease in property values and a decrease in rental income. The uncertainty surrounding the future of the economy has caused investors to become more cautious about investing in real estate.
Commercial real estate developments have been in a steady upswing in 2022, however, several things stand to threaten the industry’s acceleration. We brought our best minds together to form a think tank to discuss how current events like the FED rate hike, supply/demand issues, the War on Ukraine will affect market conditions in Q4 and beyond. Click below to download the CGI+ Journal.
Commercial real estate developments have been in a steady upswing in recent years, however, several things stand to threaten the industry’s acceleration.
In our weekly team meetings, we discuss important current events and how they affect all parts of the project life – due diligence, acquisition, planning and development, stabilization, and management or disposition.
Here are some of the world’s most pressing topics in Q4 2022 and how they’re shaping our industry and our portfolio.
Los Angeles Business Journal recently worked on a piece regarding passage of Senate Bill 6 and its potential impact on the industry. The article included commentary from Andre Soroudi, Executive Vice President of Acquisitions/Development of CGI+.
We are thrilled to announce CGI+ has been chosen as one of GlobeSt Real Estate Forum’s 2022 Influencers in Multifamily Real Estate.
The Koreatown (K-Town) neighborhood of Los Angeles, California, is trendily known for its diversity in cultural heritage, 24-hour nightlife, award-winning and celebrity chef-inspired restaurants, and various entertainment options for its residents.