Thanks to recent data, we know that the U.S. apartment market has fallen negative on a year-over-year basis for the first time since 2009. This is shocking, especially considering that the apartment market seemed like it was consistently enjoying nonstop growth, but now it finally looks...
The new year is here, and with a fresh start also comes changes to our laws including A.B. 2097, a bill that Governor Newsom signed in September which will end parking mandates statewide. Ending parking mandates makes sense, especially if a multifamily property is within a...
Blockchain has proven to be one of the most exciting technologies that we’ve seen in the last 20 years and although it’s well-known in the Bitcoin world, Blockchain is also being used to fuel growth in multifamily as well. In this article we will break down...
Since the start of COVID-19 in 2020, it was clear that more people were working from home than ever before but now that the pandemic is slowing down nationwide the question remains, is live-work still a trend in multifamily? The answer to this question is yes,...
Thanks to a recent study by the National Association of Home Builders (NAHB), we know that multifamily developer confidence has declined in Q4. The NAHB survey analyzes two indices to determine the findings in their survey; they specifically look at the multifamily production index and the...
2022 is quickly ending, and with the end of another year comes the opportunity for us to look ahead to the new year and the opportunities that it holds for the LA Rental market. In today’s article, we will break down what the coming year is...
Freddie Mac announced recently that they will be doing more to help resolve the national housing shortage by ramping up financing that will support multifamily housing. Their new financing options will specifically be designed for newly constructed, and substantially renovated, multifamily properties nationwide. “This move will help...
Los Angeles area landlords breathed a collective sigh of relief this week as the City Council voted to extend COVID-19 eviction protections until the end of January 2023. This means that unless eviction protections are extended again in January, renters could face a normal rental market,...
Due to the housing crisis in Los Angeles, commercial landlords are quietly turning their vacant office buildings into apartment buildings. The move comes at the right time as Los Angeles faces a historic housing crisis due to a lack of inventory, and economic conditions that are...
Could COVID-19 eviction protections be coming to an end in Los Angeles? A recent proposal by the LA City Housing Department calls for eviction protections to come to an end in 2023 and the move would bring Los Angeles in line with most cities in California...