The combination of fewer sales and higher prices, according to a new report, suggests that most centers are doing well and owners are reluctant to sell unless they get top dollar. Many buyers, meanwhile, are reluctant to pay premium prices.
Prices continue to rise and a new report suggests that most are doing well.
The number of permits issued for apartment construction climbed to its highest level in at least nine years in Los Angeles County during the first quarter of this year, but the rate of construction still falls far short of the county's apartment-building heyday of the 1970s and '80s. A dispute over design and financing has set back the long-delayed Hollywest project in eastern Hollywood. Dusengberg Investments Co. The buyer was represented by Brian Forester of Told Partners.