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Southern California Development Forum (SCDF) Annual Forecast – 2017


The country is caught in a whirlwind of uncertainty. All eyes are on Washington as we inch closer to President Trump. The world’s 6th largest economy rarely falls in step with the country as a whole, but how will it react to the new national direction? How will California’s move to a “green” economy mesh with a President who does not readily acknowledge climate change? Will real estate development, public private partnerships and economic development become more reliant on State and local tools? California voters have put their collective feet down in the form of ballot measures, but with hundreds of new local taxes approved, what will they mean for long-term prosperity? And about that other green, will California’s golden hue go up in smoke?

Larry Kosmont of Kosmont Companies and his expert panel (including Andrew Ratner, EVP of CBRE) will be on hand to navigate us through these tumultuous and uncertain waters that lie ahead.

SCDF: California Real Estate Opportunities in 2014 “The Avengers vs. The Expendables”

Last year’s real estate market came back Fast and Furious. But was it too fast to last? The 2014 lineup of releases could be anyone’s guess. Fortunately, our industry experts have been snooping around closed sets all over town to help you answer such questions as:

  •  Did housing come back due to the fundamentals of Gravity, or just Paranormal Activity by investors?
  • Will the box office hits of big box and big office give way to fulfillment centers and creative space?
  • Are cities going to continue playing Hunger Games of raising taxes or will Jobs top the chart?
  • Did the bills the Governor signed in 2013 show that he is the Iron Man for Jobs or “show me the money” Jerry Maguire?
  • Will California’s business friendliness be a Scary Movie sequel? Or will jobs be Lost in Vegas?
  • Will Downtown LA become the City’s mecca for restaurants and nightlife? Will we ever get a football stadium? How will Kobe Bryant spend his $48 million contract?

And of course, the perennial favorite, “What’s Hot and What’s Not” in LA this year.

Larry Kosmont
President & CEO
Kosmont Companies

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