Q2 Los Angeles County Multi-Family Update 
  • August 3, 2020

In Q2 economic activity declined with the closing of non essential businesses and stay-at-home orders. By most indicators the Muti-family market had one of its worse performances in the last 10 years. Vacancy rates spiked across the board particularly in submarkets with a large amount of recent development or development in the pipeline. Apartment demand […]

Read More

Over 4 Million Mortgages are in Forbearance in the United States
  • July 20, 2020

During the Coronavirus, a vast number of Americans are struggling to keep up with their mortgage payments. As of July 5th, 8% or 4.1 Million mortgages are in forbearance. Meanwhile, half of American households have lost a portion of their income due to COVID. Lenders have been exploring ways to suspend or reduce mortgage payments […]

Read More

ACT NOW! City of Los Angeles Emergency Renters Assistance Subsidy Program 
  • July 15, 2020

Angelenos unable to pay rent due to the COVID-19 pandemic can apply for a new temporary rent subsidy (7/13-7/17). The City Council and Los Angeles Housing + Community Investment Department (HCIDLA), with the support of Mayor Eric Garcetti, have allocated $103,000,000+ in the hope to assist 50,000+ households. The program is designed to provide relief […]

Read More

Buyer Confidence in the Wake of the COVID-19 Pandemic
  • July 9, 2020

Pre-pandemic continuing job creation, and rising wage growth fueled buyer demand. The economic fall-out of closing businesses created a lot of uncertainty in the residential market. Since mid-march sales have dropped as well as the number of properties posted on listing services in Los Angeles. With future employment prospects and ability to view property in […]

Read More

Will LA’s Industrial Real Estate Market Weather the Storm
  • June 15, 2020

Southern California, in particular, Los Angeles County has become a stronghold for industrial real estate as a result of favorable economic conditions and proximity to the Port of Los Angeles and Port of Long Beach. In 2020 Q1, Los Angeles County had a vacancy rate of 2.8% compared to the national vacancy average of 5.2% […]

Read More

The Window of Opportunity for Mixed Use Property
  • June 15, 2020

For the past decade, real estate developers have found success by combining retail, office, and multifamily space to form mixed-use properties. Out of the 1.3 billion dollars spent on non-residential construction in the United States, 80% is attributed to mixed-use developments, according to the 2019 Construction Economic Forecast – Nonresidential report. The demand for these […]

Read More