$4.4 billion. That's the number of dollars New York investors spent on buying up real estate in our humble downtown since 2012. While DTLA has seen tons of change in recent years, it still has so much potential for growth that savvy investors are snatching up properties while they're still affordable. Investment since 2012 is up 23%.
According to Greg Vilkin of Related Cos., "Firms from New York show up and
say, wow, I see the potential I saw in Hell's Kitchen a decade ago. I
watched TriBeCa, and the High Line, and I see what's going to happen." Either get in while it's still early or pay the price once everything hits peak.
