Neighborhood Highlights: University Park
This week on our neighborhood highlights blog, we are focusing on the USC/University Park area, which has undergone major gentrification and developments in the last few years. USC’s initiative to i...
Neighborhood Highlights: Inglewood
This week’s neighborhood highlight is on the blooming city of Inglewood as it makes way for new development. City officials have created zoning plans for huge development to accompany the brand new multi-billion dollar NFL stadium, including ...
Neighborhood Highlights: Glendale
Glendale is the third largest city in Los Angeles, boasting a population of 195,000 people in just 30.6 square miles. Originally the home of the Tongva, which were the people of the earth, Glendale is immersed with an abundance of culture.
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Neighborhood Highlights: Koreatown
This week on our Neighborhood Highlights blog series, we are visiting Koreatown, which seems to be one of the major hubs of development in Los Angeles.
In the 1960s, Koreans began immigrating to America in large numbers. As race tolerance wa...
Los Angeles Rent Update: May 2018
In the last few years, rental units have increased significantly in demand, impacting development in Los Angeles. In fact, Los Angeles rents have been climbing steadily leading up to the beginning of this year. The rent has increased an average...
Update: Repeal of Costa Hawkins Act
The Costa Hawkins Act has been in debate for many years. With rising rents and strong demand for housing in Los Angeles, tenants have begun to rally for their rights. These past few months have seen extraordinary rallying from pro-tenant groups...
“Inclusionary Zoning” Rule Affecting Los Angeles
Los Angeles has always been strict when it comes to rent control laws and development restrictions. However, it has recently started resurrecting an old 1991 zoning rule, making it even harder for developers. In an effort to push the new afford...
New Tax Laws Affecting Apartment Owners!
Starting January 2018, the Tax Cut and Jobs Act (TCJA) has created several changes in tax laws impacting businesses and apartment owners. It is important to consult with your tax professional before implementing any of the changes below.
Bel...
UPDATE: Rent Control (Costa-Hawkins Rental Housing Act)
The majority of Los Angeles is currently under rent control and has continuously been pushing towards stricter rent control policies. Last year, there was a huge debate over AB 1506 to revoke the Costa-Hawkins Rental Housing Act, which has put ...
10 Cities That Has the Most New Construction Apartment Units in 2018!
2018 is predicted to be a peak year for new construction apartment units. There is currently an estimated 360,000 newly constructed apartment units hitting the market in the by the end of 2018, which is a 20% increase from the previous year.
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