Articles Tagged with ''Los Angeles''

Report: RE Investors to Eye Small Equity Funds and LPs in 2007

On the heels of last year's privatization of some of the largest public REITs, the strong flow of equity capital into real estate will continue in 2007 – but in a different direction, according to Stan Ross, chairman of the board at the University of Southern California Lusk Center for Real Estate. Ross said some investors who previously had been targeting public REITs will shift to smaller private equity funds and hedge funds as well as limited partnerships, joint ventures and direct investments in niche properties.
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Southern California Home Sales Slowest Since 1997

Southern California home sales remained at their slowest pace in nine years last month, as the market continued to rebalance itself after several years of heated activity. A total of 20,388 new and resale homes sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties last month. That was down 7.8 percent from 22,117 in October, and down 26.2 percent from 27,637 for November a year ago.
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