Blog Posts
![The Environmental Impact of Artificial Intelligence](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/a3c9ca55-68ea-4514-ab9a-4bac7f88851f/small+data+center+building+in+neighborhood.jpeg)
The Environmental Impact of Artificial Intelligence
Artificial intelligence is a transformative technology, but also burdened by well-documented ethical, legal and societal challenges. The environmental consequences of AI aren’t as frequently discussed, but are an important risk that deserves more attention.
![Oceanwide Plaza: A Massive Real Estate Art Project](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/d3bfcfbd-d03f-420d-b902-5acb98c8cac5/Oceanwide+Plaza+Abandoned+Construction.jpeg)
Oceanwide Plaza: A Massive Real Estate Art Project
Oceanwide Plaza, once an ambitious mega-project near Crypto.com Arena, has turned into an unfinished urban canvas. Spanning 4.6 acres in South Park, the site was intended to house luxury condos, a 5-star hotel, and dynamic retail spaces. Now, its vacant structures are adorned with graffiti, symbolizing the stalled dreams of what was once poised to reshape the Los Angeles skyline.
![Cook's Corner: What Happens to the Real Estate in the Wake of a Mass Shooting?](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/0c2cb5ae-4603-4b99-85f3-439d00f44cfb/Cook%27s+Corner+Orange+County.jpeg)
Cook's Corner: What Happens to the Real Estate in the Wake of a Mass Shooting?
Cook's Corner is an iconic Orange County institution in Trabuco Canyon, California, named for a farmer and Civil War veteran named Andrew Jackson Cook, who acquired land and built a building on the site in 1884, converted to a restaurant in 1926 and a bar following the end of Prohibition.
![Brady Bunch House Sells for $3.5 Million, Resells for $3.2 Million](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/9993a20c-7438-481a-bd64-4787eea76ec4/Brady+Bunch+House+Sells+for+%243.5+Million.jpg)
Brady Bunch House Sells for $3.5 Million, Resells for $3.2 Million
The 2018 sale of the Brady Bunch house in Studio City is an interesting study in the disconnect that sometimes happens between price and value (at least value as it relates to the market). As stated so eloquently by Warren Buffet, “price is what you pay, value is what you get.”
![A Personal Perspective On the Kaufmann House In Palm Springs](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/1694553081496-HLE1PO1WTFKEZJ6SXV69/a-personal-perspective-on-the-kaufmann-house-in-palm-springs.jpg)
A Personal Perspective On the Kaufmann House In Palm Springs
Many people are familiar with this famous photo, titled “Poolside Gossip” by photographer Slim Aarons in 1970. The property pictured is the Kaufmann Desert House in Palm Springs, commissioned by department store magnate Edgar Kaufmann and designed by Richard Neutra in 1946.
![Has The Appraisal Been Hijacked By The Report?](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/1f4e14c8-b9bd-4165-8a01-045cbdfefed2/Has+The+Appraisal+Been+Hijacked+By+The+Report%3F.jpg)
Has The Appraisal Been Hijacked By The Report?
I’ve reviewed a lot of appraisal reports over my nearly four decades in practice. What I’m increasingly aware of over the years is that the appraisal report has taken over the valuation process – the cart before the horse, so to speak.
![Commercial Real Estate in the Age of Coronavirus: Investor Sentiment Update by PwC](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/1694459237652-50MZVW2PCIT7MT57WOAE/Coastline+Realty+Advisors+residential+property+City+front+Terrace.jpg)
Commercial Real Estate in the Age of Coronavirus: Investor Sentiment Update by PwC
Last week PricewaterhouseCoopers published a special update to their quarterly Real Estate Investor Survey, looking at the impact of the COVID-19 pandemic on commercial real estate, specifically the retail, office, industrial and apartment sectors of the market.
![Container Housing](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/cd3b0cea-6af5-4152-931b-b681e5c3b80b/Container+Housing.jpg)
Container Housing
Are Recycled Shipping Containers the Answer to Affordable Housing? I recently reposted an article from the Long Beach Business Journal about CRATE Modular, a company that repurposes shipping containers for habitable use.
![Inglewood: A Case Study of Home Prices](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/1694551757418-NQURN71DBEOSCTQYUFJP/inglewood-a-case-study-of-home-prices.jpg)
Inglewood: A Case Study of Home Prices
Residential price trends are often reported for large geographical areas, like MSA’s and counties; a popular index tracks the six-county Southern California market, an area of more than 20 million people.
![The Future of Transportation?](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/a5d41778-be6d-4c40-aaf1-48ce18cb39d7/the-future-of-transportation.jpg)
The Future of Transportation?
What on earth does the decidedly ordinary-looking home in the photo have to do with the future of transportation, you might ask. In 2016, Elon Musk, founder and CEO of Tesla and SpaceX, was stuck in traffic and decided to start digging – tunnels – to offer yet another transportation alternative.
![Home Sharing: A Tale of Conflicting Interests](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/9ff173c9-c0f0-4084-a1fb-0a437eb32d85/home-sharing-a-tale-of-conflicting-interests.jpg)
Home Sharing: A Tale of Conflicting Interests
Manhattan Beach has an ordinance banning short-term rentals for less than 30 days in residential zones. The photo above is a property whose owner apparently didn’t get the memo, generating complaints from the neighbors, and a $4,000 fine by the city.
![Appraisals Under Assault (Again)](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/099b3a17-8778-47d4-a521-0f9d53729f91/Appraisals+Under+Assault+%28again%29.jpg)
Appraisals Under Assault (Again)
Appraisers have been in the crosshairs of the lending industry and regulators for decades – licensing, de minimis thresholds, HVCC and Appraisal Management Companies (AMC’s), Automated Valuation Models (AVM’s), Collateral Underwriter, evaluations, appraisal waivers and hybrid appraisals.
![Remembering 9/11](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/7070d090-5a14-49be-91a1-4a595a808b44/remembering+9%3A11.jpg)
Remembering 9/11
Most of us remember where we were when life-changing world events happened. I’m old enough to remember being on an elementary school playground when a voice over the loudspeaker announced the assassination of President Kennedy in 1963.
![Christ Cathedral fka Crystal Cathedral](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/aad0cb3c-0882-4dbd-96a0-2caa2fbda979/Christ+Cathedral+fka+Crystal+Cathedral.jpg)
Christ Cathedral fka Crystal Cathedral
Late last year I had the opportunity to tour this amazing property with Laguna Friends of Architecture, a non-profit group dedicated to the appreciation and understanding of fine architecture and design
![Let’s Preserve the Integrity of Sports](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/63db3b1a-605e-4e26-aa97-e93871102115/Let%E2%80%99s+Preserve+the+Integrity+of+Sports.jpg)
Let’s Preserve the Integrity of Sports
I normally write about stuff related to real estate, however remote the connection might be. I suppose this is about real property in a sense – the 160-foot wide area inside the 13-yard line at the Superdome in New Orleans (about 6,200 square feet). But more specifically, it’s about sports and the integrity of our sporting events.
![Brady Bunch House Sells for $3.5 Million](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/9993a20c-7438-481a-bd64-4787eea76ec4/Brady+Bunch+House+Sells+for+%243.5+Million.jpg)
Brady Bunch House Sells for $3.5 Million
The recent sale of the Brady Bunch house in Studio City is an interesting study in the disconnect that sometimes happens between price and value (at least value as it relates to the market).
![Adaptive Reuse: A Green Alternative](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/fc21e3a3-a460-4a18-80a0-6e4da61eea85/Adaptive+Reuse+A+Green+Alternative.jpg)
Adaptive Reuse: A Green Alternative
The term adaptive reuse is defined as “the process of reusing an old site or building for a purpose other than which it was built or designed for” [Wikipedia]. Basically, it is the idea of repurposing an older building for a new or different use, as an alternative to demolition and redevelopment.
![The Face of Homelessness](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/436bab78-b528-4a06-8e22-d4607462d708/The+Face+of+Homelessness.jpg)
The Face of Homelessness
I’ve befriended a homeless guy. His name is Kenny – a Vietnam vet with family out of state, lived in his own apartment and worked decades for an aerospace company before retiring in 2012.
![Notable Orange County Homes](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/63ca4298-3f61-4630-9e8f-e28ac03022c3/Notable+Orange+County+Homes.jpg)
Notable Orange County Homes
I stopped at a yard sale and picked up an architectural guide for Los Angeles County (published in 1994) for 25¢. It turned out to be a good inventory of accessible architectural gems, so I browsed online for a more recent edition.
![Are Home Prices on a Collision Course with Tax Reform?](https://images.squarespace-cdn.com/content/v1/64ff4c87e29e7059fecf5d45/1694483792734-2J83A9DUP5XVK2C1XDD2/Are+Home+Prices+on+a+Collision+Course+with+Tax+Reform%3F.jpg)
Are Home Prices on a Collision Course with Tax Reform?
Tax reform legislation signed into law just before Christmas will have ramifications for virtually every taxpayer. Two features are particularly important with respect to their direct impact on the housing market.