Subject: Rebuilding Over And Over: Why California Can't Stop Developing In High-Risk Areas; Snap To Sublease Out 14 Properties In Its Longtime Venice Home
From: Los Angeles Bisnow <[email-masked]>
To: "Peter Chan" <[email-masked]>
Date: Mon, 5 Mar 2018 23:00:27 +0000
List-Id: <spc-1111-0>

Don't see images? Click Here | |

March 5, 2018

Rebuilding Over And Over: Why California Can't Stop Developing In High-Risk Areas

Don’t miss LA Rams Chief Operating Officer Kevin Demoff at LA State of the Market on March 22.

When the October wildfire crept its way up a mountainside toward his Anaheim Hills home, Saeed Yazdianpour took his garden hose and tried to battle the blaze.

No matter how much water he sprayed at the orange flames, the wildfire kept growing, eating the vegetation, spreading and consuming everything in its path.

Yazdianpour said as the fire grew closer, he dropped the hose, ran inside and called firefighters. His roof caught fire.Firefighters rushed upstairs and managed to quickly knock down what could have been a disastrous fire, but water they used…

Read Full Story

| Share: | |

Top stories on Bisnow.com

| The Cashierless Concept Has Arrived, But Is It Here To Stay? | | Kushner Cos. Received Major Loans From Apollo, Citigroup After White House Meetings

Best Buy To Close 250 Mobile Stores This Year

Kohl’s And Aldi Look To Boost Business By Being Neighbors

More On California Wildfires

| In The Event Of Wildfires, Businesses Need To Understand Their Insurance Policies

| From Fires To Flooding: Steep Losses, But Quick Recovery Expected For Ventura County

| The Path To Rebuild After Wine Country Fires Will Be A Long One

| Cost To Rebuild Homes In Southern California Wildfires Could Reach Billions In Worst-Case Scenario

| Wildfires Are Burning Housing Stock Northern California Can't Afford To Lose

Snap To Sublease Out 14 Properties In Its Longtime Venice Home

Like many of its snaps or messages, Snap Inc., the company behind the popular social media messaging platform, will soon disappear from many of its offices in Venice.The parent company of Snapchat has placed 14 of its Venice beachside…

Read Full Story

| Share: | |

Former CBRE Executive Accused Of Stealing Trade Secrets To Start Competing Firm

The world’s largest commercial brokerage filed a lawsuit in federal court against the former vice chairman of its retail services group for allegedly stealing documents and trade secrets to start his own firm.

In the suit filed Thursday in U.S. District Court in Los Angeles, CBRE alleges Richard Rizika and several members of the South Bay Retail Services team stole about half a million documents containing proprietary information and trade secrets, The Real Deal…

Read Full Story

| Share: | |

In Case You Missed It...

| When It Comes To Lending, Multifamily And Industrial Projects Rule

| Century West Breaks Ground On $150M Lincoln Collection Mixed-Use Project In Santa Monica

| Historic YMCA Building In Pomona To Be Renovated As Mixed-Use Center

| TruAmerica Buys 264-Unit Apartment Community In Huntington Beach For $90M

Bixby Land Co. CEO Bill Halford Dies
At 58

Bixby Land Co. CEO Bill Halford died Feb. 26 at Ronald Reagan UCLA Medical Center following an illness, the Newport Beach-based company said. He was 58.

A well-known Southern California commercial real estate industry leader, Halford, who joined the company in 2006 as CEO, is credited with transforming his more than 100-year-old family-owned company into a contemporary real estate investor, developer and operator.

Bixby officials said Halford’s leadership installed the current executive team and helped change the company’s culture and strategic direction. Bixby’s portfolio went from a collection of retail, industrial and office properties to a quality portfolio consisting of office and industrial properties…

Read Full Story

| Share: | |

How Trump's Proposed Steel Tariff Could Slow The Pace Of U.S. Construction

President Donald Trump's announcement Thursday that he plans to levy a 25% tariff on imported steel could significantly impact the price of one of the most common materials used in the construction of commercial buildings, putting more pressure on already-high construction costs and potentially preventing some projects from breaking ground.

“It will 100% have an effect," said Hornig Capital Partners Managing Partner Daren Hornig, a New York City developer. "Right now, it’s tough making deals pencil to begin with. A lot of times when you’re looking at development opportunities, it's the cost of construction that just knocks you out of the game because the cost is too high."

Click here to read the full story.

7 Sightings That Prove The Robot Invasion Is Already Here

Robots may be working behind the scenes building our cars and working in warehouses, but these automated workers are becoming a bigger part of everyday life for humans, especially in commercial real estate. Automation and robots are expected to claim 800 million jobs by 2030, and some robots are even starting to look like humans. Hanson Robotics created Sophia, a human-like robot that can make 62 facial expressions, and Sophia received Saudi Arabian citizenship in 2017.

While we may be a long way from human-like robots joining the general population, there is already clear evidence that lesser robots are taking their place in society.

Click here to read the full story.

3 Reasons To Start Your Career As An Inside Sales Associate

If you or someone you know is interested in joining the Bisnow inside sales team, send your résumé to [email-masked] with the subject line "Inside Sales Associate.” The next generation of recent graduates is entering the workforce, and they are bringing with them…

Read Full Story

| Share: | |

Los Angeles 03.22.2018

Los Angeles State of the Market

Kevin Demoff

Los Angeles Rams

Michael Costa

Highridge Costa Housing

Aliza Karney Guren

Karney Management

| | | |

Los Angeles 04.17.2018

Neighborhood Series: Century City & Beverly Hills

Lisa St. John

LA Realty Partners

Michael Nyman

PMK BNC

Nicholas Colonna

Kennedy Wilson

| | | |

Introducing Bisnow Jobs
Local Commercial Real Estate Jobs

| SEARCH JOBS | | POST A JOB |

Use Discount Code CREJOBS

For 20% Off Job Posts

LOS ANGELES Commercial Real Estate Jobs

Wanted: Entrepreneurial Commercial Real Estate AgentsCommercial Brokers International | Staff AccountantCalifornia Real Estate Regional Center, LLC

Send your commercial real estate news, announcements, story leads or tips to [email-masked].

The email address for your subscription is: [email-masked]

CONTACT |MANAGE EMAIL PREFERENCES |UNSUBSCRIBE

Advertise or Sponsor: [email-masked]

VISIT BISNOW.COM

SHARE

SPONSOR A NEWSLETTER

TERMS & CONDITIONS | PRIVACY POLICY

You have been selected to receive this newsletter either through prior contact or professional association.
If you have received it in error, please accept our apologies and unsubscribe at the bottom of the newsletter.

© 2018, Bisnow LLC, 718 7th St NW 2nd Floor Washington, DC 20001. All rights reserved.