Your Lens Into the Property Market 您的地产市场洞察之窗

Research-driven analysis and market intelligence for real estate professionals and investors. 为地产专业人士和投资者提供数据驱动的分析与市场情报。

Explore Insights 浏览洞察

Your Lens Into the Property Market 您的地产市场洞察之窗

Research-driven analysis and market intelligence for real estate professionals and investors. 为地产专业人士和投资者提供数据驱动的分析与市场情报。

Explore Insights 浏览洞察
Latest Insights 最新洞察
Market Report 市场报告

Los Angeles CRE: A $1 Trillion Market at a Crossroads 洛杉矶商业地产:万亿美元市场的十字路口

LA's commercial real estate market totals over $1 trillion in estimated value, yet faces headwinds from population outmigration, elevated unemployment at 5.8%, and post-pandemic office vacancies. Industrial and multifamily assets each represent roughly a third of inventory. With the 2026 FIFA World Cup and 2028 Olympics on the horizon, hospitality and mixed-use sectors may see renewed investor interest. Source: CoStar Group. 洛杉矶商业地产市场估值超过1万亿美元,但面临人口外流、5.8%的高失业率以及疫后办公空置等压力。工业和多户住宅各占库存约三分之一。随着2026年FIFA世界杯和2028年奥运会的临近,酒店和综合用途板块有望重获投资者青睐。数据来源:CoStar Group。

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Market Report 市场报告

LA Multifamily: Supply Peaks as Demand Softens 洛杉矶多户住宅:供应见顶,需求走软

Over 10,600 units delivered in the past year pushed vacancy to 5.7%, while rent growth turned negative at -0.1%. A quality bifurcation is emerging — newer Class A product attracts renters but older stock faces rising vacancy. With 17,600 units still under construction, the supply pipeline won't ease until 2027. Source: CoStar Group. 过去一年交付超过10,600套公寓,空置率升至5.7%,租金增长转负至-0.1%。市场正出现品质分化——较新的A类产品吸引租户,但老旧物业空置率持续上升。17,600套在建单元意味着供应压力要到2027年才会缓解。数据来源:CoStar Group。

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SGS Analysis SGS 分析

America's 4-Million-Home Deficit: What It Means for Residential Investors 美国400万套住房缺口:对住宅投资者意味着什么

The U.S. housing gap exceeded four million homes in 2025, with California alone accounting for roughly three million. Single-family starts hit their lowest since 2019, while only 18% of California households can afford a median-priced home. For residential investors, the structural imbalance creates opportunities in both attainably priced SFR development and multifamily assets in rent-captive markets. 2025年美国住房缺口超过400万套,其中加州约占300万套。独立屋开工量降至2019年以来最低,而仅18%的加州家庭能负担中位价格住房。对住宅投资者而言,结构性失衡在可负担独立屋开发和租赁刚需市场的多户住宅资产中均创造了机会。

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SGS Analysis SGS 分析

The Portfolio Case for Real Estate: Inflation Protection and True Diversification 房地产的组合价值:抗通胀属性与真正的分散化

Private real estate has delivered 8.75% annualized returns over 45 years with just 4.2% volatility — equity-like performance at bond-like risk. Its correlation to stocks (0.14) and bonds (-0.12) makes it one of the most effective portfolio diversifiers available. For residential assets in supply-constrained markets, the case is even stronger. 私募房地产在45年间年化回报8.75%,波动率仅4.2%——以债券级风险实现股票级表现。其与股票(0.14)和债券(-0.12)的低相关性使其成为最有效的组合分散化工具之一。在供给受限市场中的住宅资产,投资逻辑更为充分。

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Investment Cases 投资案例
Active 进行中

Project CS SFR Development — Palmdale, CA

Residential / Development 住宅 / 开发 Target IRR 30%+ 目标IRR 30%+

~300-unit single-family residential development on ~40 acres in LA County's Antelope Valley. Entry-level compact-lot homes priced significantly below comparable new construction in the submarket. 位于洛杉矶县羚羊谷约40英亩土地上的约300套独立屋住宅开发项目。入门级紧凑地块住宅定价显著低于周边同类新建住宅。

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About 关于

Institutional Lens, Independent Voice 机构视角,独立声音

SGS was founded by a real estate investment professional with over a decade of institutional experience spanning fund operations, acquisitions, and asset management across the U.S. and China. SGS 由一位拥有超过十年机构级经验的地产投资专业人士创立,深耕中美两地基金运营、收购及资产管理领域。

Prior to SGS, the founder served as a C-suite executive at a US-China cross-border real estate investment platform backed by a Fortune-500 developer, managing value-add funds and co-investments totaling hundreds of millions of dollars across multifamily, office, and senior living assets on the U.S. West Coast. Earlier experience includes roles at a top-tier global investment bank and a leading Chinese financial conglomerate, as well as management consulting at a global strategy firm advising major developers on market entry, portfolio strategy, and operational transformation. 创立 SGS 之前,创始人曾在一家世界500强开发商旗下的中美跨境地产投资平台担任高管,管理覆盖美国西海岸多户住宅、办公及高端养老资产的增值型基金及联合投资,总规模达数亿美元。此前任职于全球顶级投行及中国头部金融集团,并在全球顶级战略咨询公司为大型开发商提供市场进入、投资组合策略及运营转型方面的咨询服务。

Throughout this career, the founder has executed transactions with counterparties including Magnificent Seven technology firms, global alternative asset managers, top-tier investment banks, and major Asian financial institutions — across acquisitions, dispositions, and joint ventures spanning multiple asset classes. 在职业生涯中,创始人曾与"科技七巨头"(Magnificent 7) 成员企业、全球顶级另类资产管理公司、一线投行及亚洲主要金融机构等交易对手完成收购、处置及合资交易,覆盖多种资产类别。

SGS brings this institutional rigor to individual investors — delivering the same caliber of research, analysis, and market intelligence that was once reserved for fund-level decision-making. SGS 将这种机构级的严谨性带给个人投资者——提供过去仅服务于基金级决策的同等水准的研究、分析与市场情报。

Education 教育背景
M.S. Industrial Engineering, University of Southern California 南加州大学工业工程硕士
 
B.E., Tongji University 同济大学工程学士

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