LA-based John Aaroe Group opens office downtown, plans San Marino, Silver Lake expansion

Brokerage expects to see a number of apartment-to-condo reconversions
  • Brokerage plans to next set up offices in San Marino and Silver Lake.
  • The downtown market is becoming more attractive thanks to the addition of more grocery and restaurant options.
  • Most reconversions will occur in downtown's historic core.

After closing more than $2.2 billion of transactions last year Los Angeles-based John Aaroe Group has its sights set on expansion. The brokerage just opened a downtown Los Angeles office that will cater to the submarket’s luxury sector and is likely to open offices in lower San Marino and Silver Lake in the future, according to Gus Ruelas, newly-named vice president and regional manager of the downtown office.