Did real estate developers over-estimate the demand on the high-end condo market? We have been witnessing major price adjustments on these types of condos.
Los Angeles’s Newest Luxury Properties Struggle Through a Lethargic Market
The Santa Monica City Council has rejected a proposal for council members to disclose on whether a developer has contributed to their campaign before they are able to participate in a major decision that affects the developer. Click on the link below for the full article.
City Council rejects disclosure proposal after some debate