Pressure to Vamp Up California Tenant Protection Amidst Eviction Concerns
  • August 15, 2020

As of January 1st, 2020, the law, known as assembly bill 1482 or the “Tenant Protection Act of 2019” went into effect limiting annual rent increases for residential landlords. The law made it illegal to increase rent by more than 5%, plus the local rate of inflation.  For example, if you are renting in Studio […]

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One if by Land Two if by Sea! The Evictions are Coming?
  • August 7, 2020

Since April, the Judicial Council of California issued an order halting all eviction proceedings in the pandemic. The statewide order could end as soon as Aug. 14. as a result of a lawsuit filed on behalf of two landlords who say the basis of the order violated the Constitution by supplanting the power of the […]

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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 […]

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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 […]

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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% […]

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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 […]

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Real Estate Funds Seek Opportunity in Distressed Property
  • June 15, 2020

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 […]

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