Investments LA
Nicole Apostolos
Commercial Director
DRE#: 01464936
 

Vote Would Cap Increases in Unincorporated Neighborhoods SEPTEMBER 11, 2019 | KAREN JORDAN The Los Angeles County Board of Supervisors voted unanimously to advance a rent control measure that would limit future increases and add new restrictions on evictions in unincorporated areas of the county. The measure, approved 5-0 on Tuesday, would cap yearly rent increases on apartments to 3% plus inflation to a maximum of 8% a year and prohibit evictions without just cause, meaning

Gov. Gavin Newsom Throws Support Behind 'Anti-Gouging' Bill Set for Hearing Next Week AUGUST 15, 2019|RANDYL DRUMMER California Gov. Gavin Newsom is calling on lawmakers to pass the Golden State's first statewide rent control bill, warning that "the California dream is in real peril if we don’t address the housing crisis." Newsom this month has stepped up his advocacy for Assembly Bill 1482, legislation sponsored by Assemblyman David Chiu of San Francisco that would cap annua

Building to Start Next Month on Project in Program Targeting Economically Distressed Areas JUNE 24, 2019|CANDACE CARLISLE The federal Opportunity Zone program, designed to lure investment to economically distressed areas, is getting its first ground-up office development in a city with a reputation for being anything but struggling: Austin, Texas, the nation's top city for office rent growth and a magnet for tech behemoths such as Apple and Google. The 64,000-square-foot crea

Reports of Reunification of Companies Point to Potential Property Shifts JUNE 24, 2019|LOU HIRSH If media giants CBS Corp. and Viacom Inc. end up merging as reports suggest, the results could include commercial real estate shakeups across the United States as the companies look to avoid duplicate operations and a reduced combined workforce. Potentially at stake are the fates of multiple U.S. locations where the two New York-based companies do business, including Viacom’s stor