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3 CRE Q&A: Westside’s Strong Luxury Residential Appeal

By Dennis Kaiser

Connect Westside LA is coming up on December 13th. For more information and to register for the conference click here.

Four panels are planned on trends shaping the market. Wanda Beverly Hills Properties’ Rohan a’Beckett will share insights on the state of the luxury residential market and how it impacts the CRE sector. Wanda Group is developing One Beverly Hills, one of the most anticipated luxury projects on the Westside.

Q: Describe the state of the L.A. luxury residential market.

A: The LA luxury market is very clearly segmented between single family homes and luxury condos. Our development will provide a unique condo offering to the market, on a size, scale, quality that has never been seen in such a prominent Beverly Hills location. We continue to see strong demand for this type of offering, and very limited new supply.

Q: How does the Westside LA luxury residential market compare to others?

A: West LA is extremely desirable, especially Beverly Hills. This location has appeal locally, domestically, and has strong appeal to the international buyer. LA is witnessing some regenerative luxury condo developments in other part of the City, but West LA and Beverly Hills have been quite supply constrained. We anticipate strong levels of pent-up demand for this product type once it reaches the market.

Q: What are the most interesting trends you are seeing emerge in L.A.’s luxury residential sector?

A: Newer condo developments are well amenitized, and we have seen strong performance in other high profile international cities of luxury condo developments that contain a hotel component within the development. This can allow for an even greater level of service and amenities. This has proven popular in Beverly Hills already, and we look forward to filling this market need in the years to come.

For comments, questions or concerns, please contact Dennis Kaiser

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Inside The Story

Connect With Wanda Beverly Hills Properties’ a’Beckett

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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