New Stadium, Recession Fears Are Top of Mind: Allen Matkins Event Attracts Brokers and Developers

Los Angeles Business Journal (September 13, 2019) A possible recession, foreign investment, a new stadium, the importance of public transit near developments and the hot industrial market ranked as main topics for both panelists and attendees at the annual Allen Matkins Leck Gamble Mallory & Natsis View from the Top conference. One of the city’s most highly regarded real estate events, the conference took place Sept. 9 at the Beverly Hilton in Beverly Hills. A crowd of nearly 500 brokers, developers, attorneys and investors attended. CBRE Group Inc., Kilroy Realty Corp. and Boston Properties Inc. were among the companies represented. How will L.A.’s real estate market fare if a recession hits? That seemed to be the question on the minds of many conference attendees, but speakers and panelists didn’t always share their concerns. John Tipton, a partner at Allen Matkins, presented the Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey at the event. The survey looks at real estate expectations for 2022. “It was generally positive,” Tipton said of the report’s findings. “We stayed strong in the industrial sector; the office sector is showing some rebound; the retail sector, which has been so hard hit, is showing some signs of life.” Read more (subscription required).