The 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.
What Investors are Thinking
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.