Why Brookfield's Kingston Is Bullish on San Francisco, LA

The video discusses Brookfield's strategy to invest $15 billion in real estate, focusing on global diversification and high-quality office spaces. It highlights the potential in major cities like New York and San Francisco, despite current challenges. The discussion also covers investment opportunities in Los Angeles, particularly in logistics and housing. The video explains the nature of defaults in commercial real estate and the impact of rising interest rates, emphasizing negotiation and restructuring over abandonment.

What are the challenges faced by Los Angeles in terms of real estate investment?

How does the speaker describe the process of handling defaults on commercial loans?

What factors have contributed to the rising cost of debt in real estate?