When you think about the Hollywood Walk of Fame, it seems undeniably devoid of the glamour and prestige the word “Hollywood” implies. In fact, major walkways all over the world - from Las Vegas to Paris, New York and beyond are far more glamorous. That’s why...
News
Top stories and aggregated facts on Multifamily Real Estate, curated for Investors and Business Partners.
639 La Brea Joins the Transformed Miracle Mile
As the Mid-Wilshire area is undergoing an impressive makeover, CGI Strategies’ very own property 639 La Brea adds to the flair of the neighborhood, according to the Los Angeles Business Journal. Traditionally an area for office buildings, Miracle Mile will be seeing a...
What Employees Want
If you had to guess what employees want when it comes to their working environments, what would you guess? Unlimited espresso drinks? Extravagant onsite amenities? We might guess the same. But in study after study, there’s one thing employees can agree on. They...
All About 1031 Exchanges
If you’re looking for a way to continually invest in high quality real estate while deferring capital gains taxes, we have your answer. Typically, after you sell your property or investment share, you pay capital gains tax on that income. But what if you didn’t have...
CGI Strategies Donates Space on La Brea Ave. to House LAHSA
The Los Angeles-based real estate investment and strategy firm CGI Strategies has donated a 17,500-square-foot office building at 639 S. La Brea Ave. to the Los Angeles Homeless Services Authority as a temporary base of operations for its homeless engagement team....
The Affordable Housing Crisis – Our Thoughts
We are in the midst of an affordable housing crisis in the United States. There is a shortage of housing available for working-class and low-income families and that is driving up rent prices and property prices - putting home ownership out of reach due to the...
Koreatown Property Purchased From CGI Strategies
In its quarterly Los Angeles County Real Estate Market report, the Los Angeles Business Journal reported that in the 4th quarter of 2019, Alhambra Place Partnership purchased the 60 unit KODO property from CGI Strategies. The Koreatown property is located at 2867...
Preferred Equity and Why We Love It
When it’s time for an investment’s profits to be distributed, where you are in line matters. The fact is, with any investment, you are always taking a risk. That’s just part of the deal - and when you do your research and invest in real estate wisely, the risk drops....
3 Real Estate Trends in 2020
At CGI, we like to stay up on current real estate trends. We’re thrilled to report that the emerging 2020 trends are in line with our focus, putting us on the path to another great year. 1. Investing in the right location matters Location matters when it comes to real...
CGI Koreatown Development Sells at a Healthy Profit
Over the last 5 years, multifamily housing gave a 9.2% return on investment, according to CBRE. So, it’s no surprise that CGI Strategies was able to sell its recent development, The KODO, in the trendy Koreatown neighborhood for $29 million, yielding a healthy profit....