Sales across most real estate asset types slowed during the second quarter, but developers and brokers said one area remained enticing.
When it comes to interest and activity, the Covid-19 pandemic has pushed one real estate asset type above the rest: industrial.
L.A.’s previously strong office market was hit hard in the second quarter, but it isn’t necessarily apparent in the numbers.
Ecommerce boosts industrial, long-term leases keep the office sector afloat, interest increases in 1031 exchanges — these trends and detailed submarket data are featured in the Q2 2020 Real Estate Quarterly special report.
Submarket Data Summary
Quarterly highlights from every submarket of L.A. County in the Real Estate Quarterly Special Report.
L.A.’s publicly traded companies have felt the sting of the Covid-19 pandemic and resulting business shutdowns, with entertainment behemoth Walt Disney Co. leading the way.
Investors were bullish on several of L.A.’s publicly traded bioscience companies during the 12 months ending June 30, sending those companies soaring on the Business Journal’s annual public companies list.
Genius Brands International Inc. is the biggest gainer on the Business Journal’s 2020 list of largest public companies, logging a year-over-year market cap increase of 3,032% and jumping 47 spots from No. 119 to No. 72.
California Resources Corp. is among the largest oil and gas producers in California with more than 1,200 employees.
U.S. Auto Parts Network Inc. saw the sixth-biggest jump in rankings in the Business Journal’s list of largest public companies this year, climbing 31 spots, from No. 111 in 2019 to No. 80 in 2020.
Take a closer look with our annual report on how local businesses have performed in the past 12 months.
The city of Los Angeles is poised to overhaul its contract procurement platform in an attempt to bring more small and diverse businesses to the table.
People of color are underrepresented in many parts of the business community, but when it comes to getting investor dollars to expand a business, those inequities can be even more stark.
Covid-19 has made business owners more conscious of professional cleaning services, and that creates an opportunity for cleaning businesses.
Seizing the Moment
Supplier diversity, which has long been an important goal, is suddenly becoming a critical reality.