Los Angeles Market WeaknessAnalyst warns that a slower-than-expected recovery in Los Angeles, particularly in Hollywood, is weakening leasing demand and weighing on revenue growth.
Preferred Redemptions And FFO PressureAnalyst notes that redemptions of preferred shares have moderated funds-from-operations growth, creating capital-structure pressure that could raise financing costs.
Regulatory Risk From California ProposalsAnalyst flags proposed measures such as a wealth tax and statewide rent control that could reduce investment appeal in the state and pressure returns.