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...
Thanks to recent data, we know that apartment rents in Los Angeles have declined by 12% year-over-year, in West Hollywood and LA, since the beginning of the Covid-19 Pandemic. This was to be expected because the Pandemic has been responsible for a variety of factors including...
With the United States economy now officially in recession, we may see more distressed properties and foreclosures come to market in the next 90 to 120 days. This is to be expected because Coronavirus has been responsible for many renters losing their jobs and that of...