Los Angeles Business Journal – August 3, 2020: Chateau Marmont, The James Make Upscale Transitions

Posted on August 3, 2020

The James Hollywood - FoyerThe James of Hollywood was featured in Los Angeles Business Journal on August 3, 2020 in “Chateau Marmont, The James Make Upscale Transitions” regarding the upscale transitions The The James is making to adapt the current environment.

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Apartment Communities Welcoming More High-Income Earners

Apartment Communities Welcoming More High-Income Earners

Apartment communities are seeing a boost in high income-earning resident applicants.

A growing number of wealthier new renters come from the millennial generation, who are driving the burgeoning lifestyle-renting market. At the same time, many would-be buyers are bowing out of the residential real estate market, trends are showing, according to RentCafe.

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West and South Lead US in Multifamily Investment Metrics

West and South Lead US in Multifamily Investment Metrics

Investors can’t take their eyes off of the Western and Southeast U.S. apartment markets.

Multifamily investment activity has roared back after “a couple of weak quarters” during the pandemic, said Richard Barkham, global chief economist and head of Americas research at CBRE said at the recent GlobeSt.com Multifamily conference.

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