Category Archives: RE

Why SoCal Tech?

0 CommentsBy

Well, why not?

Southern California’s tech/med-tech ecosystem is rich with talent and innovation, offering both cost and lifestyle advantages over markets north along the West Coast. Beyond beaches and movie sets, the region boasts some of the best engineering talent, top-ranked medical research facilities, and a community of investors and innovators working together… Read More

OC residential density increases with further multifamily development

0 CommentsBy

Orange County snapshot

  • At the end of 2007, there were 66,138 multifamily units in Orange County from midsize and large complexes, compared to a current total of 105,725. During this same time period, the local nonfarm labor workforce has expanded by 50,800 employees to 1,585,600.
  • From 2016 to 2021, Orange County
  • Read More

Fewer bricks, more clicks, & virtual tellers: Five Changes on the Horizon for Branch Banks

0 CommentsBy

BankingOutlookThe banking model of yesterday was all about the brand with the most locations—the “bricks”. Today, banks are measured by how effectively they deliver remote, anytime, anywhere access to their customers—the “clicks.”

The days of the bank branch being the most immediate and visible way customers interact with banks are long… Read More

Population growth and median age: Which OC cities will be impacted the most?

0 CommentsBy

Orange County snapshot

4-17-17_COW_cropped

  • From 2016 through 2021, Orange County is projected to experience a 4.9 percent growth in population, with the highest growth rates occurring in Foothill Ranch (7.3%), Irvine (3.2%), and Brea (3.1%).
  • The largest population growth is expected to occur in areas where the median age is under 40
  • Read More

OC office rents nearing market peak levels

0 CommentsBy

Orange County chart of the week2-6-17_COW_cropped

  • As of Q4 2016, Orange County Class A asking rents have increased 7.5 percent over the last 12 months.
  • With healthy vacancy levels, the Orange County average asking rent is 4.5 percent below the pre-recession market peak, leaving room for additional growth.
  • New deliveries in 2017
  • Read More