LA is one of the trickiest cities for institutional investors to understand. Here’s why

Dorothy Parker is often misquoted as calling L.A. “72 suburbs in search of a city.” The famous satirist probably didn’t say that, but whoever did had a point that stands 100 years after Parker supposedly said it — L.A. is unlike almost any other global city due to its sprawl. “The biggest problem L.A. has is its lack of a center” said John Eichler, a Cushman & Wakefield broker who specializes in Downtown L.A. “And

source https://therealdeal.com/2020/02/04/la-is-one-of-the-trickiest-cities-for-institutional-investors-to-understand-heres-why/