By JEFF COLLINS
California’s back rent is projected to reach nearly $1.7 billion by the end of the year, or almost a fourth of the total rental debt nationwide, a Federal Reserve study found.
Small businesses in Santa Clara County can breathe a small sigh of relief and relax their shoulders a bit — for a few months, anyway.
By Hannah Madans and Howard Fine
Businesses in Los Angeles County breathed a sigh of relief last week as ballot measures that would have imposed higher costs or stricter regulations either were rejected outright or appeared headed for defeat.
Measures to allow cities to impose tougher rent control laws, regulate dialysis clinics and eliminate bail all went down to defeat.
By Bianca Barragán
After an expensive fight, a state ballot measure that would have made it possible for more properties across the state to fall under California's rent control regulations has been defeated.
California Lt. Gov. Eleni Kounalakis is slated to be the featured keynote speaker for the USC Casden 2020 State of the Market: Multifamily Forecast, hosted by the USC Lusk Center for Real Estate. The virtual conference is set to take place on Thursday, Nov. 12 and is the first of a two-event approach for unveiling the Casden Multifamily Forecast.
By Roger Vincent
CBRE Group, the country’s largest commercial real estate services company, said Thursday that it has moved its headquarters from Los Angeles to Dallas.
By David Wagner
Are commercial property owners in California paying their fair share in taxes? That's the basic question facing voters this November with Proposition 15.
The ballot measure aims to raise as much as $11.5 billion annually for California schools and local governments by raising taxes on many commercial properties — particularly those that have been held under the same ownership for many years.
By Bianca Barragán
Reports of the Los Angeles County’s gig worker-dependent economy falling apart ring true, but rent collection numbers, while lower than those from last year across the board, don’t seem to paint Los Angeles as any worse off than other expensive, coastal cities, some experts say. But is paying the rent alone a good indicator of how hard the coronavirus pandemic has hit renters?
By Bianca Barragán
Los Angeles’ housing crunch is by now probably as famous as its year-round good weather.
The high cost of living drives people away from the LA area, and those who stick around are paying a concerningly large portion of their income toward housing. Numerous studies have shown the connection between the high cost of housing and the rising number of Angelenos who are homeless.
By Greg Cornfield
Tens of thousands of renters in Los Angeles are struggling mightily because of the pandemic, which has put them in serious financial trouble.