Author Archive
An Oversaturated Flex Space Market Could Easily Deflate
via GlobeSt.com The flex office market already looks like it will see a comeback. Indicators range from the resurrection of WeWork into a publicly held company through a SPAC to a deal with JLL to market and lease co-working spaces in 38 loc...
Gov. Newsom announces plan to pay rental housing providers 100% of rent owed
via CAANet.org Gov. Newsom today announced his intent to pay rental housing providers 100% of rent that’s gone unpaid because of COVID-19. “This is certainly welcome news, and we applaud Gov. Newsom for his commitment to making rental...
May Becomes One of Best Months for Rent Collection During Pandemic
Via CoStar.com The number of U.S. apartment dwellers paying full or partial rent increased from April to May to one of the best figures during the pandemic, a signal of increasing recovery from the economic hardship since the onset of the he...
SoCal industrial boom may prompt tighter air quality regulations
via TheRealDeal.com Southern California’s industrial market has been surging, but that has come at a cost to the environment. Warehouse operators may soon have to meet new air quality regulations or pay hefty fines for their emissions, ...
Apartments Have Stabilized Earlier Than Expected
via GlobeSt.com In Q1 2021, the US multifamily market stabilized a quarter earlier than expected, according to a new report from CBRE. While vacancy rose by 20 basis points to 4.7% in the quarter, the average rent rose 0.4%. That was the ...
TOMORROW LIVE at 11AM – Extreme Makeover: Apartment Edition
via AptMags.com WHEN: 11:00 A.M. – 12:00 P.M. on Friday, April 30, 2021 Please join us for another informative session of the Southland’s Top Property Managers and our panel of expert, Southern California-based, property managers who ...
Industrial Rents Hit Record High in Q1
via GlobeSt.com The industrial sector kicked off the year with surging demand outpacing supply for the first time since the first quarter of 2019 and record-high rents hovering at $6.90 per square foot nationally, according to a new report b...
Apartment Concessions Decline as New Leasing Stabilizes
via GlobeSt.com After a seasonal lull in December, multifamily applications and move-in volumes are all up for a third consecutive month, according to MRI Software. In March, traffic hit higher levels than it did in summer 2020. March’s...