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...
Thanks to a recent report by the CBRE, we know that multifamily investment increased 34%, quarter over quarter, to reach $52.7 billion in Q2. The demand for multifamily properties has been unprecedented, especially since the United States is still in an economic recession due to COVID-19,...
Multifamily properties have a timeless appeal among investors, because they know that these types of rental properties are an excellent way to earn passive cash flow every month while building wealth. Over the last year, investors in Los Angeles have been targeting smaller multifamily properties more...
In a last-minute move to stop a ‘tidal wave’ of evictions from hitting California, Governor Gavin Newsom has extended the state's eviction moratorium for another 3 months, until September 30th. Even though an extension of the eviction moratorium may be good for tenants, is it going...
Thanks to a recent report from Apartment List, we know that multifamily rents are on the rise nationwide, especially during April and May, where rents increased by 2.3 percent. This is encouraging news, and a sign that the multifamily market is heading in the right direction...