Although Beverly Hills only has about 36,000 residents, it boasts a $20 billion economy— truly a phenomenon, made even more remarkable by the fact that only 9 percent of the city is zoned for commercial use.

City businesses fall into seven major economic clusters—Entertainment, Information and Technology, Finance, Professional Services, Retail, Tourism, and Real Estate.

Not surprisingly, retail sales in Beverly Hills total more than $1 billion per year. Moreover, according to the Beverly Hills Economic Summary, the City ranks first among mid-to-large cities with annual per capita sales of $62,000.

However, professional service firms—lawyers, CPAs, healthcare professionals, and others, generate the largest number of jobs, totaling more than 7,000.  But it is the entertainment industry work force that lays claim to the highest average annual salary—on average approximately $233,000.

Ramsey-Shillings’ expertise in the entertainment, healthcare, and internet industries has allowed it to play a very active role in the city, acting on behalf of firms such as The Walt Disney Company, AOL, EarthLink, Sony, Warner Brothers, Paramount, Viacom, and Cedars-Sinai Medical Center.

Additionally, the firm has performed notably in the public sector, exemplified by CEO Christopher Bonbrights’ term as chair of the Beverly Hills Architectural Commission in 2006.  Notably, several of our brokers not only work, but also live in Beverly Hills and are active members of the Chamber and its Governmental Affairs Committee.