Tag: Lofts

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Los Angeles is a top U.S. city for Chinese buyers.

Click on Photo to see Video of New Lofts
Click on Photo to see Video of New Lofts

Los Angeles is a land of migration.

In the U.S., the top cities for Chinese buyers are Los Angeles and New York.   From a recent report from ABC news, “The Chinese make up the fastest-growing market of foreign buyers of U.S. homes, according to Juwai.com, a Chinese website for global luxury real estate.”

  • Here’s Juwai.com’s list of the top to U.S. cities for Chinese buyers:
  • 1. New York
  • 2. Los Angeles
  • 3. Philadelphia
  • 4. Detroit
  • 5. Houston
  • 6. Chicago
  • 7. Las Vegas
  • 8. Atlanta
  • 9. San Diego
  • 10. Memphis, Tenn.

Our team takes pride in treating everyone equally.  This a land of continued immigration and a city created by people from a mixture of heritages, making Los Angeles a great city!

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

“The Chinese are the most knowledgeable and intuitive buyers I have,” told to ABC News. “You can’t sell to them, because they do their homework and come to you with a knowledge base that will amaze you. You have to gain their trust by adding value, meaning you have to tell them what they don’t already know. The more you can tell them in terms of financial issues, tax issues, the more they will respect you.”

More qualified buyers have chosen our team to help purchase Downtown lofts for the same reason as other buyers:  because we provide ten times as many pocket listings (unlisted properties), giving twice as many amazing lofts to choose from.  Most importantly, our team has the best reputation for providing more information about properties, pros and cons, so that buyers and sellers have more successful transactions.  That is why Corey Chambers, Realtor(R) is known as the Downtown specialist agent who has achieved 100% satisfaction and 100% positive financial success for every buyer and every seller of every real estate transaction completed.

Helping you get the earliest viewings possible while most must wait until these Lofts open to the general population and most realtors is Corey’s goal.  Submitting the earliest bid possible to the developers before the competition comes into play, getting you ahead of the competition and inflating the prices for these Downtown Lofts! Buyers who see the new lofts early often get the best units at the lowest prices.

coreychambers@yahoo.com

DOWNTOWN LOFT & CONDO LISTINGS:  FOR SALE  |  RENTALS

Corey Chambers, REALTOR®
(213) 478-0499 Mobile
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.LAloftBlog.com

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The #1 Downtown buyer’s agent, Corey Chambers is a Top 6 Realtor® with a Double Platinum award-winning, 5-star Yelp rated team.  J.D. Power Award 2012 – Keller Williams Realty ranked Highest in Overall Satisfaction for Home Buyers and Sellers Among National Full Service Real Estate Firms. DRE#01889449
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Historic Broadway Building to Become Four-Star Boutique Hotel

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When Los Angeles preserves the historical buildings it insures it’s prosperity!

By Jon Regardie of DOWNTOWN LOW ANGELES NEWS – In one new project, Downtowners will see the continuation of two trends: the growth of the hotel industry and increased activity on Broadway.

A joint venture between developers Frank Stork, Channing Henry and longtime Downtown player the Kor Group has purchased the Case Hotel, a 1924 building at 1106 S. Broadway. They plan to turn the 107,000-square-foot edifice into a four-star boutique hotel.

The 13-story building, which is vacant now but recently housed facilities for the YWCA of Greater Los Angeles, sold for the asking price of $13.5 million. The acquisition was funded with private capital and a loan from Karlin Real Estate Lending.

GET A FREE HOTLIST OF SECRET LOFTS AND CONDOS IN DOWNTOWN L.A.

A hotel operator and building transformation details have not been revealed, though the acquisition team said it intends to redesign the red brick and stone masonry property and target “Downtown’s growing population of creative professionals and leisure travelers.”

It is the latest move in the Central City for Kor Group, which was one of the first on the housing scene when it opened the Pegasus Lofts in the Financial District in 2003. The developer has also worked on the Eastern Columbia Lofts, Santa Fe Lofts and the Barker Block.

“We are thrilled to continue to participate in the re-emergence of Downtown Los Angeles,” the Kor Group’s Brad Korzen said in a prepared statement.

Stork and Henry are real estate veterans who have worked on numerous hotel projects in the United States and Mexico.

The project would continue a rush of development on the southern portion of Broadway in Downtown. An Urban Outfitters will open in the former Rialto Theatre at 812 S. Broadway next week and a boutique Ace Hotel, with 180 rooms, is scheduled to debut at 929 S. Broadway on Jan. 15.

Housing developers Barry Shy and Geoff Palmer also have plans to build residential complexes in the vicinity of Ninth Street and Olympic Boulevard on Broadway.

A timeline and budget for the new hotel project have not been announced.

Mike Condon and Ben Stapleton of Jones Lang Lasalle represented the purchasers in the transaction, while seller Jade Enterprises was represented by CBRE.

Corey Chambers L.A. Loft Blog
Corey Chambers L.A. Loft Blog

Corey Chambers, REALTOR®
(213) 478-0499 Mobile
coreychambers@yahoo.com
GET PRIORITY ACCESS TO SECRET, UNLISTED LOFTS IN DOWNTOWN!
http://www.LAloftBlog.com