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 […]

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 […]

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 […]

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% […]

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 […]

As the US, local, and state governments attempt to re-open the economy, the impact on commercial properties remains to be seen. The reality is temporary relief or loan restructuring alone will not save all properties. According to the Mortgage Brokers Association under 40% of commercial property, loans are from banks. The majority of loans are in […]