Why Invest in LA

  • Los Angeles County is the #1 economy in the US, with $644 billion GDP in 2016.
  • LA  is the third-largest economic metropolitan area in the world, after Tokyo and New York. 
  • 20th largest economy in the world with over 18 million consumers living in the greater Los Angeles area.
  • Los Angeles is a full employment city, with estimated unemployment rate at 5.6% in 2017.
  • Per Capita income is predicted to increase 4.9% in 2017.
  • Los Angeles & Long Beach ports compromise the fifth busiest port in the world.
  • Los Angeles, the nation’s second-largest city, will soon have two NFL football teams, the Rams and the Chargers.
  • LA’s skyline has the third-highest number of cranes in the nation. 
  • Major multi billion dollar construction developments taking place in downtown LA, led by Chinese developers such as Greenland and Oceanwide.
  • Major booming industries such as high tech "Silicon Beach", aerospace, entertainment and tourism, all supporting the real estate market.
  • Country’s fastest-growing hotel sector, 28 hotels under construction totaling almost 5,800 rooms. Los Angeles is poised to tout one of the most dynamic hotel collections in the country.
  • In January, conglomerate Dalian Wanda Group acquired Burbank-based production and finance company Legendary Entertainment for $3.5 billion in cash, the largest Hollywood-China deal to date.
  • The nation’s most expensive home is now in Los Angeles with a price tag of $250,000,000.