Soft Story Retrofit: How and Why it Impacts You!
Published in Apartment Management Magazine August 2016 Issue
The Earthquake Safety Implementation Program created the Mandatory Soft Story Retrofit Program as a multi-year community-based effort in...
L.A. Apartments Ask Manhattan Rents For Rolls-Royce, Botox
With its 40 stories and monthly rents of as much as $25,000, a new Los Angeles apartment tower is reaching Manhattan’s heights. And its amenities may make New Yorkers jealous: a chauffeur-driven Rolls-Royce, in-house Botox and your latte brew...
L.A. to Begin Ordering Earthquake Retrofits in February, Officials Say
Owners of thousands of wooden apartment buildings at risk of collapse in a major earthquake will begin receiving retrofit orders as early as February, Los Angeles building officials said this week.
This follows the city’s adoption of the m...
Fed Rate Increase: Little Impact, for Now
WASHINGTON, DC—As it was widely expected to do, theFederal Reserve on Wednesday took the first step toward normalizing interest rates, raising the federal funds rate by 0.25% in the first of a series of gradual increases. Also as expected, th...
Yes, The Correction Will Affect Cre
WASHINGTON, DC—The Dow Jones industrial average, as we all know, closed on Friday some 531 points lower, entering into a correction for the first time since 2011.Likewise the Nasdaq Composition, which closed on Friday 3.5% lower.
The reaso...
Why Is the Fed Singling Out CRE Prices Now?
WASHINGTON, DC—The Federal Reserve Bank'sSemiannual Monetary Report to Congress is, at heart, the presentation of what developments the Fed believes are significant to its decision-making about monetary policy and to a larger extent, the US e...
MultiFamily Rent Growth Posts Best Showing Since 2011
DALLAS—Annual quarterly effective rent growth for US apartments reached 5.0% for the first time in four years, says Axiometrics. As a further indicator of multifamily’s ongoing strength, all of the top 50 markets tracked by the Dallas-based...
Los Angeles Commercial Real Estate Market
California's developers are seeing strong growth across all areas: office, industrial, and multi-family housing. Watch video to learn
what sectors will replace oil, banks, and aerospace
what area is the strongest for development in Sout...
How to Analyze a Multifamily Investment Property
Look at three expense when analyzing a potential multifamily investment.
1) Historical Expenses – What are the actual cost expenses
2) Estimated Expenses – Create a spreadsheet of what estimated expenses can be.
3) 50% of in...