Carol Schatz Carol Schatz is the president and CEO of the DCBID.

The multifamily occupancy rate in Downtown Los Angeles has climbed above 90% after hovering between 87% and 89% in the second half of 2017. According to the first quarter report from the DCBID, DTLA occupancy increased 4.7% to 92.7%. Rental rates also rebounded in the first quarter, up 2.4% to $2.95 per square foot, while effective rents also increased 1.5%.