Dennis Gehman

Dennis Gehman's Posts

Mercury Rising Mercury Rising

It's not every day that a legislative change in a country on the other side of the globe has an impact on domestic real estate. But that's exactly what happened on May 18, 2006, when the government of South Korea raised the ceiling on investment in U.S. residential property from $300,000 to $1 million. As luck would have it, 100 of the 238 apartments at The Mercury, a $120 million adaptive reuse project in the Koreatown section of downtown Los Angeles, were scheduled to go on sale just two days later. Read more

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