Avison Young’s newly announced recapitalization does more than deleverage the company’s balance sheet debt-to-EBITDA ratio to less than 3x, reduce debt and preferred equity by nearly 70% and give key financial partners a common equity position,... Read more »
D.C. mayoral candidate Janeese Lewis George has admitted she used to be skeptical of the very homebuilding agenda she now champions. But the reality, she said, is visible in other cities that... Read more »
The current housing market presents significant challenges for young adults, marked by persistent housing shortages, job market fluctuations, and rising costs of living. These factors collectively make independent living increasingly difficult for... Read more »
Avison Young negotiated a multi-decade, 37,561-square-foot lease on behalf of the ownership for the relocation of Mercedes-Benz of Beverly Hills – a Fletcher Jones Company – dealership located at 8825 Wilshire Blvd. in... Read more »
Avison Young has been selected to market for sale a newly constructed, Class A multifamily portfolio totaling 190 units across three properties in the Echo Park neighborhood of Los Angeles. Known collectively as the Echo Park Portfolio, the offering... Read more »
The affordability crisis is hitting younger buyers in Southern California harder than anywhere else in the country. Roughly one in 10 adults ages 25 to 34 own homes in the Los Angeles... Read more »
Buyers who purchase their first home by age 30 have a 22.5% higher net worth by age 50 compared with those who wait until their 40s — a difference averaging about $119,000,... Read more »