MDGLA

Name: MDGLA
Address: 16830 Ventura Boulevard #100, Los Angeles, CA, 91436, US
Telephone: +18182122700

We are a division of Marcus & Millichap.

MDGLA is focused on value-added brokerage services and we are founded on the principles of representation, long term relationships, dynamic marketing and unrivaled market expertise.

01/31/2023

2023 MULTIFAMILY COMMERICAL REAL ESTATE INVESTMENT FORECAST REPORT
Long-run Demand Tailwinds Poised to Guide Multifamily
Sector Through Near-term Choppy Waters

Download the full report from our website:
https://mdglandadvisors.com/research-news
Follow us on social media: https://linktr.ee/mdgla_

While property performance began to soften last year, fundamentals nevertheless stand well-ahead of pre-health crisis norms. A broad-based housing shortage also bolsters the sector’s long-term prospects. To help commercial real estate investors capitalize on the unique nuances of the current climate, Marcus & Millichap presents the 2023 Multifamily National Investment Forecast

Key Features Include:
- A detailed outlook for the U.S. multifamily sector in 2023
- Metrics and analyses for 50 markets across the country
- Supply and demand forecasts for each metro

01/30/2023

THREE FACTORS DRIVING INVESTOR UNCERTAINTY
Labor Shortage Still Substantial Despite Interest Rate Hikes And High-Profile Layoffs

See more Research + News on our website:
https://mdglandadvisors.com/research-news
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https://linktr.ee/mdgla_

Prolonged Inflation and Rate Hikes Present Recession Risk
- Inflation and aggressive fed rate hikes have eased, making a 25 bps rate hike likely at the Feb. 1 meeting
- Although recession risk has moderated, roughly 50% of economists still expect a recession during 2023

Despite Tech Layoffs, Labor Market Still Exceptionally Tight
- Attention grabbing headlines surrounding layoffs at Microsoft, Google, and others can foster uncertainty, but the unemployment rate remains at a 50-year low
- Overall, the U.S. economy added nearly 225,000 new jobs in December, and still has over 10.5M job openings

What This Means For CRE Markets
- If the economy can avoid a major recession in 2023, a shift in sentiment could lead to a revival of apartment, retail, and industrial space demand
- Underlying data paints a more positive picture than some of the sensationalist media coverage

01/25/2023

RETAIL SALES RESEARCH BRIEF: JANUARY 2023
Retail Real Estate Well-Positioned as Consumer Spending Begins to Plateau

Download the full report from our website:
https://mdglandadvisors.com/research-news
Follow us on social media: https://linktr.ee/mdgla_

Slowing rate of inflation a welcome sign. Core retail sales in the last month of 2022 were up by 7.2 percent year-over-year. Despite a notable upward stretch, spending may be softening. December’s retail sales volume was a step back from recent months, a potential signal of the challenges facing consumers in the year ahead. While overall cash savings is some $4.4 trillion above the pre-pandemic mark, not every household was able to set aside funds. These opposing winds may create choppiness in the months ahead. A positive for both consumers and retailers alike, however, is that the softness in sales also contributed to a decline in the headline CPI figure last month. While prices on goods and services were still up 6.5 percent for the year, the pace is slowing.

01/23/2023

BEST PROPERTY TYPES ON A 5 YEAR HORIZON
Where Are The Best Opportunities Within CRE Markets

See more Research + News on our website:
https://mdglandadvisors.com/research-news
Follow us on social media and subscribe to our mailing list:
https://linktr.ee/mdgla_

Apartment and Medical Office Buoyed By Fundamentals
- While apartment vacancy rose 190 bps last year and rent growth cooled, the structural shortage of housing in the economy should bolster renter demand I the next 5 years
- The aging Baby Boomer population will aid demand for medical office space as this cohort advances into their 70’s and 80’s

Retail and Industrial Assets Maintain Strong Performance
- Both Single and Multi-Tenant retail have performed well exiting the pandemic, with multi-tenant rents up roughly 10% since 2019
- Industrial assets have some construction risk, but with the majority of new inventory coming online in just 10 metros, it should remain a favored asset for investors

Even Within Hard Hit Segment Opportunities Arise
- While national office vacancy has yet to recovery from the effects of remote work, suburban office space have outperformed expectations
- Investors should look past any bumps in the road and consider where things well be at 5 years down the road when making decisions

01/17/2023

HOW THE LABOR MARKET IS IMPACTING THE ECONOMY

See more Research + News on our website:
https://mdglandadvisors.com/research-news
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https://linktr.ee/mdgla_

- Looking forward into 2023, which key indicators should investors watch?
- How could the Fed’s decision in February impact the CRE market?
- Why the Fed’s labor shortage battle influences CRE space demand

01/16/2023

Happy Martin Luther King Jr. Day!

01/12/2023

Los Angeles just passed Measure ULA, which affects developers, business owners, and potentially even You! Want to learn if and how this affects you?

Contact Lonnie McDermott to help you navigate through Measure ULA.
e: [email protected]
o: 818.212.2745

More information on the lawsuit can be found here:
https://www.hjta.org/press-releases/taxpayers-and-apartment-owners-file-legal-challenge-to-measure-ula-l-a-s-new-tax-on-real-estate-sales-and-transfers/

Anyone looking to support the opposition to ULA can make donations to the HJTA here:
https://www.hjta.org/take-action/

01/11/2023

EMPLOYMENT RESEARCH BRIEF: JANUARY 2023
Persistently Low Unemployment Brings Implications for Fed and CRE

Download the full report from our website:
https://mdglandadvisors.com/research-news
Follow us on social media: https://linktr.ee/mdgla_

Job growth tapers slightly in December. Across the country, a net 223,000 jobs were created in December, pushing the unemployment rate back down to 3.5 percent. While still above the 2000-2019 average, monthly hiring has been trending down since July of this year. Staff additions last month were most prevalent in the leisure and hospitality sector, as well as in health care and construction. Payroll changes in other industries were modest. While joblessness remains low, the concentration of employment growth in only select fields that are either still in recovery or face acute labor shortages may foreshadow a sharper slowdown in job creation to come. This has important implications for Federal Reserve monetary policy, and by extension, the performance of financial markets and commercial properties.

01/10/2023

WHAT'S IN STORE FOR INVESTORS IN 2023?

Watch the full video on our website:
https://mdglandadvisors.com/research-news
Follow us on social media and subscribe to our mailing list:
https://linktr.ee/mdgla_

- Have inflationary pressures started to abate?
- How will the Fed respond in the first few months of 2023?
- Which economic signals should CRE investors keep their eyes on?

01/09/2023

**NEW LISTING**
Blackstone Effie Crossing | Fresno | CA

A premier, ±3 acre development opportunity located in the DEVELOPMENT FRIENDLY city of Fresno, CA

Download the Offering Memorandum from our website:
https://www.mdglandadvisors.com/blackstone-effie-crossing

PRICE: $2,900,000
LOT SIZE: ±130,680 / ±3 AC
PRICE / SF: $22.19/SF
ZONING: CMX

For more information contact:
E: [email protected]
O: 818.212.2745

Follow us on social media and subscribe to our mailing list to stay up to date on our latest properties, news, research and more: https://linktr.ee/mdgla_

01/06/2023

JUST CLOSED!
ANOTHER SUCCESSFUL MCDERMOTT GROUP LAND DEVELOPMENT CLOSING!
Fully entitled 38-Unit multifamily development located in the up and coming Boyle Heights neighborhood.

3416 E 1st St
Los Angeles, CA

Lot Size: 10,137 SF
Entitled Number of Units: 38
Potential Buildable SF 35,955

Contact MDGLA for more information on how to navigate Measure ULA, a FREE Opinion of Value for your property, or any questions:
[email protected] | 818.212.2745

View our website: https://mdglandadvisors.com
Follow us on social media and join our mailing list: https://linktr.ee/mdgla_

12/30/2022

Happy New Year from the McDermott Group team!
Have a safe and fun weekend!

Address

16830 Ventura Boulevard #100
Los Angeles, CA
91436

Telephone

+18182122700

Website

https://www.mdglandadvisors.com/

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