Author Archive

As Demand Softens, LA Apartment Owners Offer More Concessions

The percentage of Los Angeles multifamily properties offering concessions rose in November, with 27% of properties with 25 or more units providing some level of incentives during the month — the highest level since June 2021.

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Consistency Is Key: 5 Ways to Help Property Management Teams Work More Effectively and Efficiently

Between showings, lease signings, maintenance, and renewals, there are myriad carefully coordinated tasks that must be completed on-site every day. To be as successful and efficient as possible, property management teams need to operate like we...

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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...

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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...

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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. ...

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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...

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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...

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