Rent increases are on the minds of most landlords in the Los Angeles area but, those landlords who own rent-stabilized units, are prohibited from raising the rent until next year. Thanks to the emergency order signed by LA Mayor Eric Garcetti in March 2020, landlords are...
Since the onset of Omicron, more small SoCal landlords are reporting that they are seeing the lowest on-time rent collection since April of this year. Sadly, Omicron has presented a setback for the already strained California economy, and with more tenants out of work due to...
Thanks to recent data from Yardi Matrix, we know that Los Angeles is the top city in Southern California for multifamily investment. This is encouraging news, considering that during the early days of the pandemic most investors weren’t sure what the future held for Los Angeles,...
2021 started still in the middle of the lockdown, and most owners wondering what would happen to Los Angeles Multifamily. Thankfully, the year is ending in a much better place than it began, and the Los Angeles multifamily market has had a great year. What’s Happening With...
The demand for Class C Apartment Buildings has reached record highs over the last 18 months as more investors in Los Angeles have been searching for these properties than ever before. Why are investors scouring the market for Class C Apartments? The reason is simple. During...
California’s eviction moratorium has officially been over about 30 days now and Los Angeles landlords, are faced with the question of should they evict or not evict? Now that eviction is officially an option again, it’s understandable that many landlords are ready to move forward with...
Governor Newsom recently vetoed AB-1487, legislation that would have provided tenants who are facing eviction with the opportunity to have free legal representation. Although the bill, which would have established a homelessness prevention fund, was recently approved by California’s Legislature, the reality is that this effort...
The time has finally come for California’s Eviction Moratorium to end; and the big question is what happens next? Will the Governor or State Legislators work to extend the eviction moratorium again at the last minute? Or are evictions going to finally be allowed to move...
California faces a homelessness crisis the likes of which we’ve never seen before and one of the biggest reasons why we're having this problem is due to the lack of affordable housing in our state. The affordable housing problem isn’t going to go away anytime soon...
Could the CDC Eviction Moratorium finally be over? Thanks to the latest move by the Supreme Court, it’s likely that the CDC Eviction Moratorium has finally ended, especially since the White House has been distracted with recent events in Afghanistan, and politicians on both sides attempt...