March 23, 2016
Connect Media’s Daniel Ceniceros spoke with Glenn Sonnenberg, president of Latitude Real Estate Investors, at USC’s Real Estate Law and Business Forum at the Jonathan Club in Los Angeles.
Each year, hundreds of lawyers and business people come together to discuss the major issues in the industry, and this conference allows for better development and investment decisions to be made in the future.
Sonnenberg shared some insights from the conference, especially the concern over compressing cap rates in Los Angeles. Many people are seeking real estate investment as corporate bonds’ returns remain low and the stock market continues to be volatile, yet he believes, “there are warning signs and there are opportunities.”