Blog

Repositioning Distressed Retail Assets

Posted by on Oct 23, 2012 in Blog | 0 comments

Repositioning Distressed Retail Assets

Randyl Drummer from CoStar recently posted a story on their website of the need and recent trend for repositioning distressed assets such as malls and other under-performing retail centers in order to transform them into income-producing properties through alternative uses.  This story really hit home with Urban One as we have been consulting in the retail sector for the past several years now.  For retail properties that have gone dark or are far from meeting original expectations, a major redevelopment, downsizing, changing the tenant mix, or resetting debt (refinancing) are some of...

Read More

Top Housing and Hotel Developments to Watch For Right Now in LA

Posted by on Oct 8, 2012 in Blog | 0 comments

Top Housing and Hotel Developments to Watch For Right Now in LA

Some of you avid Urban One fans out there may have read our previous blog posts back at the end of May regarding the resurgence of the multifamily and retail real estate markets.  If you’re like me, you have been driving up and down the streets of Los Angeles seeing construction fencing, flagmen, tower cranes and pile driving rigs sprouting up on what seems like every couple blocks.  Of course, this is an exaggeration, but the truth is, many projects have broken ground in the past six months.  Curbed LA just put out a great map of multifamily, mixed-use, and hotel developments to...

Read More

Internship Position – Real Estate Development / Planning / Project Management

Posted by on Oct 7, 2012 in Blog | 0 comments

Internship Position – Real Estate Development / Planning / Project Management

Urban One is currently seeking to fill an internship position.  Applicants should view the following job posting for more information: 2012 Urban One Intern Job Posting

Read More

LABC Report – Building Livable Communities: Enhancing Economic Competitiveness in LA

Posted by on Oct 7, 2012 in Blog | 0 comments

LABC Report – Building Livable Communities: Enhancing Economic Competitiveness in LA

Urban One’s Ben Feingold and Eric Metz collaborated with UCLA Anderson School of Management lecturer/developer, Paul Habibi, on a report that was commissioned and released earlier this week by the Los Angeles Business Council (LABC). It is a study on the current state of workforce housing, economic competitiveness, and real estate development in Los Angeles, along with recommendations on how to improve it. Excerpt from the report’s Executive Summary: “In 2008, the Los Angeles Business Council (LABC) published a Workforce Housing Scorecard (2008 Scorecard), which evaluated...

Read More

Los Angeles Development Projects Get Infusion of Former Redevelopment Dollars

Posted by on Aug 29, 2012 in Blog | 0 comments

Los Angeles Development Projects Get Infusion of Former Redevelopment Dollars

After a court decision earlier this year that brought redevelopment in California to an end, many projects around the state and in the City of Los Angeles came to a halt, their fates uncertain with questions of what would happen to money that had been committed by the CRA/LA. But thanks to a decision by the California Department of Finance, the entity that is responsible for dismantling redevelopment agencies throughout the state,several projects within L.A. will receive a total of $318 million in funding in 2012. These projects include the Cleantech Manufacturing Center, a key economic...

Read More

Multifamily Development Market Gaining Momentum

Posted by on May 28, 2012 in Blog | 0 comments

Multifamily Development Market Gaining Momentum

A couple days ago, we did a brief blog post on the retail market heating up.  Today, let’s talk about multifamily.  The multifamily market, specifically new development, has shown signs of growth in 2012.  After the financial crisis, since 2009 the multifamily rental market has experienced an uptick in renter demand and a dip in vacancies.  Couple this with the fact that there has been limited supply due to a lack of debt financing.  However, over the last several quarters, we are starting to see a recovery on all fronts, with Los Angeles leading the pack.  According to CoStar,...

Read More