Author Archive

Bill Allowing Commercial Tenants to Renegotiate, Break Lease Deals Advances in Calif.

BY GREG CORNFIELD The state’s Senate Judiciary Committee advanced a bill on Friday that would allow small businesses — like cafes, restaurants and bars — to renegotiate and modify lease deals if they have been impacted by shelter-in-pl...

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Proposed California Bill Would Allow Retail Tenants To Break Leases With Little Penalty

A proposed bill circulating in California's Legislature would allow a commercial tenant to terminate its lease with a landlord if a resolution taking into account the economic effects of the coronavirus isn't met. If passed, the legisl...

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California Rent-Cutting Bill Postponed

via Connect Media California AB 828, a bill that would authorize the California courts to cut rents by 25%, won’t get a hearing until at least the summer. The bill landed in the Senate Rules Committee last week, which means any possibility...

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COVID-19: How the Southland’s Top Property Managers are Working to Get Ready to Exit the Crisis – Will Business Be Different?

Via AAGLA Hear from the Southland’s top property management experts about how they plan to return to work after the crisis. During this 1-hour online, interactive webinar, you will have an opportunity to ask your questions regardi...

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Fed is Deploying It’s “Full Range of Tools” and Challenges Washington To Follow Suit

By David R. Pascale, Jr. , Senior Vice President at George Smith Partners    Today’s Fed meeting and subsequent press conference by Fed Chair Powell was like no other in history. First off, Powell said, “We are going to see econ...

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LIVE Webcast: What We Can Expect from Sacramento and Our State’s Legislature

  ***LIVE WEBCAST - FREE ADMISSION - LIMITED SPACE AVAILABLE*** COVID-19: What We Can Expect from Sacramento and Our State’s Legislature Tuesday, April 28th | 11a - 12p Join us online for an important info...

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AM I MY – OR MY MANAGEMENT COMPANY’S – RESIDENT MANAGER’S KEEPER?

By Gary Ganchrow I never have actually counted them, but the California Labor Code contains what feels like a gazillion laws governing the employer- employee relationship, and the California Government Code contains several more. Most seem i...

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Garcetti seeks unprecedented suspension of rents, mortgages for LA residents

Via The Real Deal In his State of the City speech, the mayor said thousands of municipal employees will likely be furloughed because of the pandemic Los Angeles Mayor Eric Garcetti wants to suspend rent and mortgage payments for Los Angel...

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Garcetti bans rent hikes for rent-stabilized units

By Tina Daunt Via The Real Deal Los Angeles Mayor Eric Garcetti is banning landlords of rent-stabilized units from increasing rents during the coronavirus emergency. “Until today, rents in these units could be increased by up to 4...

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Senate Passes $2 Trillion Stimulus Bill That Includes Relief For Retail, Hotels, Multifamily

By Dees Stribling, Via Bisnow The Senate, voting unanimously just before midnight, passed the economic aid package. The bill had been expected to pass that afternoon, but it was delayed after a group of Republican senators aired objections...

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