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Apartment Concessions Undercutting Rising Rents
Residential rental concessions are hitting a two-year high with 30% of listing offering at least one concessions, according to Zillow based on its own rental listings. The previous recent high was in February 2021, where 37% of listings offered...USC: SoCal Apartment Rents Will Rise 2% to 4% In Coming Years
Apartment rents are expected to grow between 2% and 4% in the next two years in all five Southern California housing markets, according to the new University of Southern California Casden Real Estate Economic Forecast. In Los Angeles County ...
LA Local News L.A. City Council Moves Forward to Strengthen Housing Inspection Program
LOS ANGELES (CNS) - The Los Angeles City Council Wednesday approved a motion seeking to improve the city's housing inspection capabilities to ensure timely and quality repairs for renters, and to encourage tenants and landlords to fully partici...
LA City Council Members Reject Rent Freeze Extension, Propose Lower Increases
In a heated committee meeting on Wednesday, Los Angeles city councilmembers struck down a proposal for a six-month extension on a pandemic-era ban on rent hikes that has covered most L.A. apartments for the past three-and-a-half years. Inste...
Landlords are getting saddled with higher costs. With everything going up, can you talk about passing costs onto tenants?
Q: Landlords are getting saddled with higher costs. With everything going up, can you talk about passing costs onto tenants? Also, RUBS, where units with more tenants pay a higher share of utilities. Seems sensible to me. Bornstein, Esq. ...
California to limit security deposits to 1 month’s rent under new law signed by Newsom
SAN FRANCISCO – Renters in California will no longer be asked for a security deposit larger than one month's rent, under a bill signed into law by Gov. Gavin Newsom. On Wednesday, the governor signed Assembly Bill 12 by Assemblymember Matt H...
Pasadena rental housing board to decide relocation assistance rules
Soon some renters priced out of Pasadena, or otherwise evicted for no fault of their own, will get financial compensation and other forms of assistance from their landlord to help them relocate. The Pasadena Rental Housing Board will adopt r...How EV Chargers May Benefit Your CRE Property
For property owners considering EV charging infrastructure on their properties, the multiple benefits and incentives justify the initial costs. As CRE investors and stakeholders continue to pursue sustainability and decarbonization efforts t...