Test Insight 78
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
March 23, 2026
Test Insight 428
March 23, 2026 - Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes from a line in section 1.10.32. The standard chunk of Lorem Ipsum used since the 1500s is reproduced below for those interested. Sections 1.10.32 and 1.10.33 from "de Finibus Bonorum et Malorum" by Cicero are also reproduced in their exact original form, accompanied by English versions from the 1914 translation by H. Rackham. There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration in some form, by injected humour, or randomised words which don't look even slightly believable.If you are going to use a passage of Lorem Ipsum, you need to be sure there isn't anything embarrassing hidden in the middle of text. All the Lorem Ipsum generators on the Internet tend to repeat predefined chunks as necessary, making this the first true generator on the Internet. It uses a dictionary of over 200 Latin words, combined with a handful of model sentence structures, to generate Lorem Ipsum which looks reasonable. The generated Lorem Ipsum is therefore always free from repetition, injected humour, or non-characteristic words etc.
Flight to the Future - Reimagining the Santa Monica Airport
November 04, 2025 - The upcoming closure of the Santa Monica Airport marks a once-in-a-generation opportunity to reshape the city’s west side and deliver lasting benefits for the broader community. With over 220 acres set to be re-purposed as public parkland, the transformation has the potential to redefine the Ocean Park neighborhood—introducing expansive green space, new recreational amenities, and pedestrian-friendly connections where runways once stood. For nearby residents and the surrounding office and creative business districts, the new parkland promises not only a major environmental upgrade but also a powerful amenity that enhances quality of life, supports healthier lifestyles, and helps attract and retain talent in Santa Monica’s evolving economic landscape.
Unlocking Housing Near Transit: Impacts of California Senate Bill 79
October 23, 2025 - California Senate Bill 79, the Abundant and Affordable Homes Near Transit Act, introduces a statewide zoning framework that enables mid-rise residential development near major transit stops. The legislation establishes clear, tiered standards for height, density, and floor area ratios, while overriding restrictive local limits within designated transit areas. SB 79 is designed to align housing growth with existing infrastructure, reduce car dependence, and expand supply in high-opportunity neighborhoods. By standardizing entitlements across qualifying corridors, the law provides developers and investors with greater clarity, predictability, and the potential for value creation around transit-oriented locations. This insight report examines the statewide framework created under SB 79 and its implications for entitlement, feasibility, and investment. Featuring Los Angeles as a case study, the report illustrates how local implementation could reshape land use patterns along key Metro corridors, including the B, D, A, E, and K lines. As the policy takes effect in mid-2026, SB 79 is expected to drive renewed interest in infill development, strengthen collaboration between cities and transit agencies, and advance the next generation of sustainable, transit-connected communities across California.
Signs of Stabilization: Los Angeles Office Market Mid-2025
September 15, 2025 - The Greater Los Angeles office market posted mixed results in Q2 2025, with leasing activity holding steady at 7.0 million square feet year-to-date—mirroring the first half of 2024—but overall vacancy rising slightly to 24.4% Finance, legal, and healthcare tenants drove demand, while technology, media, and entertainment remained cautious in committing to long-term space strategies. Sublease availability fell to 4.2%, its lowest level in three years, signaling that much of the excess pandemic-era space has been absorbed Average asking rents increased 1.8% year-over-year to $3.92 per square foot per month, with Class A space commanding $4.22. Roughly 2.3 million square feet remain under construction, concentrated in West Los Angeles and Hollywood, with most completions expected by year-end 2026. Performance varied widely by submarket. Century City continued to lead West Los Angeles leasing, accounting for 27% of activity and achieving 5.2% annual rent growth. Downtown Los Angeles struggled with a 29.7% availability rate, while Hollywood/Mid-Wilshire reached a record 30.2% due to media consolidation. The Tri-Cities market posted modest rent gains but faced the region’s highest sublease rate at 5.2%. In contrast, San Gabriel Valley saw availability drop to 11% on strong healthcare and government demand, and the San Fernando Valley recorded leasing growth led by finance and healthcare tenants. Overall, the market shows early signs of stabilization, but recovery remains uneven. Location, building quality, and tenant mix will continue to define performance across Los Angeles office markets through the next 18 months.
Santa Monica 2029: Entitlement Clarity, Zoning Upside, and a Reset Housing Market
June 12, 2025 - Santa Monica is no longer the entitlement dead zone it once was. Backed by aggressive state housing mandates, the city has rezoned key corridors, opened up density, and created real paths to multifamily scale. This report breaks down where the growth is going, how zoning has shifted, and what it means for developers, builders, and investors looking to get ahead of the next wave of housing in one of California’s most supply-constrained coastal markets.
Las Vegas Office Market Report Q4 2024
March 24, 2025 - After four consecutive quarters of increasing vacancy, Southern Nevada’s office market vacancy decreased to 11.8% this quarter. No new office projects were completed in Q4 2024, and net absorption rebounded to 126,238 square feet, the market’s highest net absorption since the second quarter of 2023. In addition, the weighted average asking rental rate for office space increased to $2.68 PSF FSG.
Portland Metro Office Market Report Q4 2024
March 24, 2025 - The greater Portland office market faced continued challenges in Q4 2024. During the quarter, tenants vacated more than 262,000 square feet, bringing the overall vacancy rate to 24.4%. While the market-wide vacancy rate has increased by more than three percentage points in the last 12 months, Q4 marks the third consecutive quarter in which the pace that vacant space has come back to the market has slowed. Vacancy rates remain the highest in the Central Business District (CBD) at 34.7%. In the whole of 2024, net absorption surpassed negative 1 million square feet in the CBD. In the CBD Perimeter, vacancy rates fell by 40 basis points to 27%. Most notably, the Clark County submarket experienced a second consecutive quarter of positive net absorption, driving the vacancy rate to 8.3%.