When it comes to culture, Los Angeles is often erroneously accused of having close to none—“I don’t want to move to a city where the only cultural advantage is being able to make a right turn on a red light” goes the famous putdown in Annie Hall. But a recent surge in the redevelopment of historic neighborhoods like Hollywood, South Park, and Westlake has put the city’s eclectic past back in the spotlight…
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Family offices are not built for quarters. They are built for generations.
That distinction shapes everything; how risk is understood, how capital is deployed, and, perhaps most importantly, how patience is exercised. The objective is not to outperform in a moment, but to preserve and compound capital in a way that endures.
Over time, this mindset tends to return to certain asset classes. Real estate has consistently been one of them, not because it is perfect, but because it has proven to be resilient.
CGI+ Real Estate Strategies, the multifamily investment firm founded by Gidi Cohen, has sold a fully entitled Los Angeles development site to JPI for $40 million.