Ragfinders of California, a Downtown Los Angeles wholesale fabric store, has donated fabric to Project PPE to help medical professionals who are in need of medical gowns. See the Spectrum News 1 story HERE. Jacqueline Westman, along with her friend Brittany Walker, started Project PPE, a group of innovative design fields all coming together to […]
Dear Friends, In 1991, I sold fifteen buildings in the Downtown Los Angeles market. In 1992 I did not sell one! The market had collapsed. The years of the junk bonds and Resolution Trust (RTC) hit the economy like a lightning bolt. Downtown LA saw 90% industrial vacancies, and a devaluation of property values by […]
Dear Friends, Due to COVID-19, last Friday Major Properties made the decision to work remotely from home. This past week we have closed some escrows and also lost a few. Many clients have pressed the pause button, and buyers and sellers have agreed to wait out the current situation. I have been getting many calls about […]