It’s a new year, which means new laws have passed, and a few that directly impact landlords. There are currently two eviction moratoriums in Los Angeles, one for the City and one for the County. A few weeks ago, the county law officials have decided to extend the expiration date of the moratorium to January 31, 2023, with no guarantee that it will remain on this date.
[Read more…]What the 5th Federal Reserve Rate Increase Means for Investors
As of September 21, the Federal Reserve has raised its overnight rate by 75 basis points, which now positions the rate in the 3% to 3.25% range. Headline inflation is reported at 8.6%, and core inflation is reported at 6.3% with “no signs that inflation is going to come down, yet.” What does this mean for investors in Commercial Real Estate?
[Read more…]How the New Stimulus Will Impact Commercial & Investment Real Estate
On Wednesday, March 10, the House passed the final version of the $1.9 Trillion stimulus package which includes $1,400 direct checks, unemployment bonuses, and money for vaccines. Here is how it could impact the commercial and investment sectors of real estate.
[Read more…]A Landlord’s Guide to Rent Control in Los Angeles
“Rent control” in the narrowest sense refers to city or county ordinances that limit the amount a landlord could increase rents every year. We have obtained useful information from Equitypro Management, our property management division, to share the details of each area of L.A. County and their respective rent control laws.
[Read more…]SoCal CRE Activity Could Return to “Normalcy” By Summer
The Southern California CRE could return to normalcy by the summer, according to SoCal NAIOP CEO Tim Jemal, who sees a light at the end of the tunnel, thanks to the vaccine rollout and improving market fundamentals.
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