Need news in a flash? Here’s what’s happening in your community

Los Angeles has one of the highest rent growth rate forecasts for the end of the year, according to Yardi’s most recent report. L.A. rent growth will reach 7.1 percent by the end of 2016, Yardi Matrix says, putting the City of Angels in the sixth spot for rent growth forecast.


L.A. brokerage Compass announced that it will be adding an international sports and entertainment division called Compass Global Sports & Entertainment Division that will “focus on the specialized needs of professional athletes and entertainers in an increasingly connected global market through a custom high-tech and high-touch approach.”

Real Trends recently recognized real estate’s best in its 2016 America’s Best Real Estate Agents list, breaking down California and L.A.’s best performing agents and teams by closed transaction sides and closed sales volume.

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