Prime real-estate locations come back on the market, and tenant-hungry landlords are willing to pay more for tenant improvements and cut lower-cost lease deals.
In my opinion, Los Angeles is a more valuable property without a team than with a team, as existing teams having stadium issues can always point to the West and the second-largest market in the country sitting without an NFL tenant.
For more than 10 years, he says he has bought and sold apartments where a tenant died an unnatural death, paying a third less than the market price and later selling at a healthy profit.