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
As of January 1, 2014, commercial common interest developments (CIDs) in California are governed by the new Commercial and Industrial Common Interest Development Act.
The New Act establishes provisions specific to...more