Los Angeles Business Journal writer Hannah Madans featured The James in her piece “Extended Stay Sites Fill Up”. The piece includes how extended stay hotels and residences have managed to keep high occupancy levels in comparison to traditional hotels. The piece includes a quote from our founder, Gidi Cohen.
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.
