Apartment Owner Loses Court Battle with Airbnb -
A federal judge in Los Angeles recently dismissed a lawsuit by the owner of the 4,255-unit Park La Brea apartment complex against Airbnb Inc. that sought to hold the online...more
Gov. Brown Opposes Measure S -
In a statement published less than two weeks before Los Angeles' Consolidated Municipal and Special Elections to be held on March 7, 2017, California Gov. Jerry Brown came out in opposition...more
3/6/2017
/ Ballot Measures ,
Beneficial Owner ,
FinCEN ,
Geographic Targeting Order ,
Insurance Industry ,
Mortgages ,
Ports ,
Real Estate Development ,
Real Estate Investments ,
Real Estate Market ,
Reporting Requirements ,
Title Insurance ,
Zoning Laws
Los Angeles, Seattle Top List of Best Markets for Multifamily Investment -
Marcus & Millichap's 2017 National Multifamily Index (NMI) ranks Los Angeles and Seattle first and second, respectively, among 46 major domestic...more
California Prepares for Possible Rollback of Federal Water, Wetlands Regulations -
Scott Pruitt, President Donald Trump's pick to lead the Environmental Protection Agency (EPA), has discussed eliminating what he...more
1/24/2017
/ Airports ,
City of Los Angeles ,
Clean Water Act ,
Construction Industry ,
Critical Infrastructure Sectors ,
Department of Homeland Security (DHS) ,
EB-5 ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Foreign Investment ,
Green Cards ,
Job Creation ,
Land Developers ,
Public Comment ,
Real Estate Development ,
Real Estate Market ,
Regulatory Oversight ,
State Department of Fish and Wildlife ,
State Water Boards ,
Transportation Industry ,
Trump Administration ,
Visas ,
Water ,
Water Quality ,
Wetlands
Proposed Landmark Rules Could Make LA Redevelopment More Difficult -
Los Angeles City Council Member Jose Huizar has proposed a new set of rules that could make it more difficult for owners of historic properties in Los...more
1/18/2017
/ Affordable Housing ,
Campaign Contributions ,
City of Los Angeles ,
Construction Industry ,
Construction Project ,
Elder Issues ,
Historic Preservation ,
Historical Landmarks ,
Land Use Restrictions ,
LIHTC ,
Low-Income Issues ,
Proposed Legislation ,
Real Estate Development ,
Real Estate Market ,
Redevelopment ,
Residential Real Estate Market ,
Senate Finance Committee ,
Tax Credits
Owners, Developers Face Challenges Converting Parking to E-Commerce Delivery Space -
Because millennials make up an increasing number of urban residents, owners and developers of apartment and condominium buildings are...more
11/28/2016
/ Affordable Housing ,
Apartments ,
CMBS ,
Commercial Real Estate Market ,
Condominiums ,
Construction Industry ,
Dodd-Frank ,
Financial Institutions ,
Housing Developers ,
Housing Market ,
IRS ,
Parking Lots ,
Real Estate Development ,
REIT ,
Residential Real Estate Market ,
Securities ,
Tax Deferral ,
Transfer Taxes ,
U.S. Treasury ,
Zoning Laws
New Study Finds $6.7 Billion of Private Investment Along Foothill Gold Line -
According to a new study, the extension of the light rail line east of Los Angeles, known as the Foothill Gold Line, has attracted billions...more
11/14/2016
/ American Recovery and Reinvestment Act ,
Environmental Impact Report (EIR) ,
Federal Grants ,
Light Rail ,
Private Investment Funds ,
Public Projects ,
Railways ,
Real Estate Development ,
Renewable Energy ,
Residential Real Estate Market ,
Transportation Industry ,
Wind Power ,
Zoning Laws
California Legislature Revises De Minimis Exemption of Finance Lenders Law -
Real estate projects that utilize federal New Markets Tax Credit (NMTC) financing recently received a reprieve from a state licensing...more
10/18/2016
/ Affordable Housing ,
Commercial Loans ,
EB-5 ,
Foreign Investment ,
Green Cards ,
Housing Market ,
Immigrant Investor Program ,
Job Creation ,
Licensing Rules ,
New Market Tax Credits ,
Real Estate Development ,
Real Estate Market ,
Time Extensions ,
Zoning Laws
California Coastal Act Blocks Housing Project in Venice Despite Earlier Approvals -
Judge James C. Chalfant of the California Court of Appeal on Sept. 29, 2016, affirmed a lower court ruling denying a developer’s petition...more
10/10/2016
/ Affordable Housing ,
Apartments ,
Appeals ,
City of Los Angeles ,
Construction Industry ,
Construction Project ,
Earthquakes ,
Foreclosure ,
Governor Brown ,
Housing Developers ,
Housing Market ,
Local Ordinance ,
Low-Income Issues ,
Mortgages ,
New Legislation ,
Popular ,
Property Ownership ,
Real Estate Development ,
Real Estate Market ,
Seismic Retrofitting ,
Single Family Housing ,
Spouses ,
Surviving Spouse ,
Variances
California Governor Proposes "Build By Right" Approval Process for Affordable Housing -
Recognizing the extreme need throughout California for construction of new affordable housing units, on May 13, 2016, Gov. Jerry...more
6/14/2016
/ Affordable Housing ,
Ballot Measures ,
CA Supreme Court ,
CEQA ,
Community Development ,
Construction Industry ,
Customer Due Diligence (CDD) ,
Financial Crimes ,
FinCEN ,
Housing Developers ,
Money Laundering ,
Proposed Legislation ,
Real Estate Development ,
Real Estate Market
San Francisco Requires Solar Panel Installation on New Buildings -
Last month, the City of San Francisco passed an ordinance requiring all new buildings to include solar energy systems. California law currently requires...more
5/11/2016
/ Affordable Housing ,
Building Permits ,
City of Los Angeles ,
Community Revitalization and Investment Authorities (CRIAs) ,
Construction Industry ,
Energy Sector ,
Local Ordinance ,
Neighborhood Revitalization ,
Real Estate Development ,
Real Estate Market ,
Redevelopment ,
Renewable Energy ,
San Francisco ,
Solar Energy ,
Successor Agencies
California's High-Speed Rail May Not Be Financially Feasible -
The California Legislature's analyst released a report stating that the high-speed rail system planned for California is not economically feasible. Several...more
FDIC Clarifies "Abandoned Foreclosures" Guidelines -
The Federal Deposit Insurance Corporation (FDIC) clarified on March 2, 2016, its existing guidelines with respect to the decision by any FDIC-supervised institution to...more
Los Angeles Ballot Proposal To Halt Developer's Zoning Changes -
A group called "Coalition to Preserve L.A." is proposing a ballot measure that would impose a two-year moratorium on all projects in the city of Los...more
Residential Communities: Proposed Amendment to Allow Owners' Attorneys at Association Board Meetings -
In an attempt to further broaden when a member of a common interest development association can bring his or her...more
California Senate Proposes $2 Billion on Housing for Homeless -
California state senators put forth a proposal on Jan. 4, 2016, to spend $2 billion to build or rehabilitate permanent housing for homeless people,...more