Expect More DTLA Projects from Trumark Urban

LOS ANGELES—The developer of condo project Ten50, which is midway through production, is looking for more opportunities in the Downtown market—including creative office, GlobeSt.com reports EXCLUSIVELY.

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Intercontinental Makes Another Big Buy

LOS ANGELES—The firm partners with MG Properties Group to purchase the Carmel Hacienda Heights Apartments for $82 million, continuing its acquisition streak in Los Angeles, GlobeSt.com reports EXCLUSIVELY.

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Small-Box Creative Office Is Booming

LOS ANGELES—Developer HQ Creative is focusing on tailored creative office space from 8,000 to 30,000 square feet, and can hardly keep up with demand, GlobeSt.com reports in this EXCLUSIVE story.

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Apt. Rents Still Outpacing Wages

LOS ANGELES—The widening gap between wages and apartment rents as rent growth continues to outpace wage growth is one of the more interesting trends to watch in 2016, Avison Young’s Jay Maddox tells GlobeSt.com in this EXCLUSIVE preview to an upcoming event.

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Apt. Rent Growth Heads for Slowdown

SANTA BARBARA, CA—Minus the “froth of 2015,” multifamily rent gains in 2016 will outpace the eight-year average, “satisfying most property owners,” according to Yardi Matrix.

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NGKF Gets Superstar Kevin Shannon

LOS ANGELES—CBRE’s Kevin Shannon moves to Newmark Grubb Knight Frank as the West Coast president of capital markets along with 14 other capital markets professionals.

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Risk Tolerance Buoys Spec-Office Development

SAN DIEGO—Decisions on whether or not to go spec are based upon a host of factors including risk tolerance, Cruzan’s Stacy Meronoff tells GlobeSt.com EXCLUSIVELY in this look at the resurgence of spec-office development in SoCal.

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