Arts District Stuffed with New International Food Venues

While showing lofts for lease in the Arts District, we like to try some new food venues, primarily to share them with you. LA’s hottest new South American restaurant is Caboco. Brazilian native Rodrigo Oliviera opened his restaurant here in DTLA. The chef felt the best place for Caboco was in Los Angeles’ Arts District. Chef Oliviera said they specialize in modern Brazilian food.

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“Anyone who comes here can taste Brazil,” said Oliveira. “But also a taste of California and the season.”

LA’s Arts District welcomes the Brazilian chef’s first restaurant in USA Brazilian chef has opened his first restaurant outside of his homeland. Caboco is located in L.A.’s Arts District. | ABC7

Caboco, which refers to the often multicultural heritage of many Brazilians, goes into the former Church & State space in Arts District. With solid colors and a clean aesthetic by Alexis Readinger of Preen, Inc, wood particle tables and suspended transparencies give the sense of a modern industrial space. Brazilian street artist Speto painted murals toward the back of the room while the overall warehouse-style with its open kitchen. | L.A. Eater

Come check out the available Lofts in the Arts District and dine at Caboco.

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What new food venue have you loved in the last 6 months, new or old? Share it here

The Arts District has Lofts for Sale and Lease. Fill out the online form.

With new lofts coming onto the market next month, our team is writing a series of blog posts on the Districts of Downtown Los Angeles.  If you are interested in purchasing or leasing a loft, it’s better to know each neighborhood’s district and loft buildings.

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Speaking of industrial spaces, check out the biscuit lofts building in the Arts District.

Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association, or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com, Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.

OceanWide Plaza to Evergrande: China Crash Infects Los Angeles Real Estate and U.S. Stock Market

OceanWide Plaza Downtown Los Angeles zombie project remains in purgatory

REAL ESTATE NEWS

The Wu Flu isn’t the only alien virus making us ill. Contagion from communist China’s property market collapse is making made U.S. property markets sick.

Fallen giant Evergrande has been called the “Leman Brothers of China,” referring to the collapse of a business that is too big to fail, yet allowed to fail anyway. Communist China is having an economic meltdown, starting with massive crash of China’s fake, ghost city real estate industry, tofu-dreg buildings that collapse or topple over, along with China’s other communist-style national ponzi schemes, long papered over by cooked books. Evergrande, Fantasia and Kaisa are the first three large losers in China’s real estate collapse.. Communist mainland China has been infecting U.S. real estate for some time. China-controlled OceanWide Plaza in Downtown Los Angeles has been too broke to pay its bills for years. The project has been on again since it began, and began sputtering down in 2016. Today, it sits half-built, and decaying amid growing weeds.

While Downtown Los Angeles real estate prices are now rising, the entire U.S. housing market is increasingly phony, propped up by inflation. The real health or lack thereof must be gauged by examining a broader spectrum of signs, such as the declining health of real estate companies a compared a few years ago. Zillow is experiencing a zombie-like sickness of its own, which some blame on the companies overzealous and backwards attempt to be an ibuyer flipper and broker in one, when the tech company could have invested in newer technology instead. While Zillow did make a mistake by investing in low tech instead of researching and integrating new high tech such as AI, deep learning, quantum computers and blockchain smart contracts, Zillows rapid blunder was greatly exacerbated by the obscured cooling of global real estate amid a new era of stagflation.

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Understanding Evergrande, the Chinese Real Estate Conglomerate Nearing Collapse

Evergrande collapse could have a ‘domino effect’ on China’s property sector

Chinese Real Estate Company Could Default $300B; What It Means for World Economy

China’s Property Problems Beyond Evergrande. Real Estate Stocks Take Beating

The loft blog expects a lackluster real estate market for years to come, with continuing reliance on inflation to provide only an illusion of real growth. The good news is that January of 22 is expected to offer at least a glimmer of hope to the city of angels, with the possibly of real growth if the city focuses on cleaning up its act.

Get a free list of the best investments in Downtown Los Angeles. Fill out the online form:

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Mainland China’s Communist Ills Infect Global Real Estate