Why should investors trust the “economic” view of companies who solely rely on commissions and market activity?
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lawmakers in Sacramento and California Governor Newsom are expected to announce an extension of the law, in an attempt to delay what is perceived as possible “mass” evictions that would otherwise begin February 1st.
Here is what we have learned so far…
There are two propositions on the November 2020 California Ballot that will directly impact the commercial real estate industry: Propositions 15 and 21
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California’s AB 3088: Time to send notices to pay rent or quit. Cut down on the paperwork and make sure you know the proper steps to navigate. Read on…
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Assembly Bill 3088, otherwise known as the “Tenant, Homeowner, and Small Landlord Relief and Stabilization Act of 2020” has placed yet another form of regulation on the multi-family industry.
AB 3088 contains specific provisions that if not strictly adhered to, can cause a landlord to be unable to collect or recover unpaid rent or sue for possession of a residential unit for unpaid rent. This is where Urban Advisors can assist.
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Are you exploring ways to make your commercial investment more appealing to a younger target audience? Let’s explore what Generation Z is looking for in a multifamily building.
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The emergency action taken by the Federal Reserve to combat the economic impact of coronavirus on the stock market has dropped interest rates in the past week, causing the 10 year Treasury Note that controls multifamily lending to raise. Not much, but nevertheless, rates went up.
What does this really mean to investors and operators of commercial real estate entities? Our president, Neil Cadman, has some thoughts…
On January 1, 2020 the entire State of California will be under what the New York Times has called the strictest rent control ordinance in the nation.
Every city, every property that qualifies under the new “Tenant Protection Act of 2019” signed into law by Governor Newsom and every tenant and landlord will be impacted.
What do you need to know in order to understand the new law, both as landlords and tenants? Urban Advisors is here to assist.
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Using sensationalistic and misleading strategies to garner support, some elected officials will put a spin on these laws calling them something other than “rent control,” despite the fact that the rules that fall under them are the same. Additionally, many brokers will use unethical tactics to woo investors to purchase buildings in these areas, without disclosing the risks involved.
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Rent Control is the single most polarizing topic in tenant/landlord relations and perhaps even in the annals of City Halls and the State Capitol. Nobody wants to see a low income senior moving out of their home of 30 years due to massive rent rates, nor the family of four moving into a smaller place, priced out of their modest apartment. “Rent Control” must be the answer, right?
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HBO has made it official. The company will move from its current location in West LA to take up residence in the new $350 million Ivy Station development in Culver City, now under construction and targeted to house 50,000 square feet of restaurants, along with apartments, retail stores and a 148-room hotel. In total, the megaproject will spread 5.2 acres.
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There are enough homeless in Los Angeles County alone to nearly fill Dodger Stadium. Three new initiatives in California seek to tackle this persistent problem. How will this impact the housing market overall? Read on…
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Retail centers everywhere today have felt the pinch of online competition and changing consumer habits, and Third Street Promenade is no different. And so, the famous street is preparing for a major facelift, its first since 1989. Check it out…
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Apple follows other tech giants expanding beyond the West Coast. After a yearlong “bake off” contest considered by some an ill-advised PR stunt, Amazon announced in November that it would divide its second headquarters between sites in Queens, New York and Northern Virginia. Eager real estate investors immediately began snapping up property in the surrounding area. However, the announcement was soon met by some local opposition. Our new blog explores…
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In one of the biggest single-building office leases in modern Los Angeles history, internet titan Google has a new address, 10850 W. Pico Blvd, home of the former Westside Pavilion Mall. Real estate investment trust Hudson Pacific Properties and Santa Monica, California based mall owner, Macerich have teamed together to revamp the aging mall into modern office spaces – of which Google will occupy over half a million square feet – 584,000 square feet.
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Over the past decade we’ve experienced an unprecedented boom in apartment construction across the United States. Over the course of the past year, it seems that this pace is starting to slow. What does this mean to you as an investor? Let’s explore.
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Far too many people can no longer afford to keep living in the cities or neighborhoods that they grew up in. And if we as landlords don’t participate in the crisis of affordability by acting to find solutions, the government may try and create a solution for us…
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