#investmentsLA

Oct 15, 2019
6 min

Coastal Development Planning Conflicts Could Surface With Rising Sea Levels

Del Mar’s Battle With California Panel Points to Potential Nationwide Disputes Ahead OCTOBER 15, 2019|LOU HIRSH The upscale but relatively tiny seaside city of Del Mar, north of San Diego, is locked in a dispute with the California Coastal Commission that could have statewide implications for development as coastline cities brace for the future effects of anticipated rising sea levels. And the outcome could affect coastal property throughout the United States. Del Ma

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California Governor Signs Statewide Rent Control Into Law

Nicole Apostolos

Oct 8, 2019
3 min

California Governor Signs Statewide Rent Control Into Law

Apartment Landlord Group Said State Must Now Focus On Building New Housing OCTOBER 08, 2019|RANDYL DRUMMER California Gov. Gavin Newsom signed one of the nation’s strongest rent control and tenant protection laws, making his state the third to pass rent control legislation this year in an effort to address a growing affordable housing crisis. The Democratic governor, who was involved in shaping the legislation's final form, on Tuesday signed Assembly Bill 1482, which caps ann

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Renters Love the Fall Leasing Season, Apartment Owners Not So Much

Nicole Apostolos

Sep 16, 2019
2 min

Renters Love the Fall Leasing Season, Apartment Owners Not So Much

CoStar Market Insights: A Closer Look at the Seasonal Effect on Apartment Rents SEPTEMBER 13, 2019|DAVID KAHN With recent record-setting heat in many parts of the country, it may not feel like fall, but the signs that autumn is fast approaching are all there: Schools have reopened, football has kicked off another season and apartment rents are soon expected to enter their annual seasonal slowdown. In many locations, apartment rents typically enter a period of flat, or even ne

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Los Angeles County Takes Step Toward Rent Control

Nicole Apostolos

Sep 12, 2019
3 min

Los Angeles County Takes Step Toward Rent Control

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

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Los Angeles May Consider Taxing Landlords Who Keep Properties Empty

Nicole Apostolos

Sep 5, 2019
3 min

Los Angeles May Consider Taxing Landlords Who Keep Properties Empty

City May Join Municipalities Around the World Looking at Idea Opposed by Many Owners SEPTEMBER 04, 2019|KAREN JORDAN Los Angeles City Councilman Mike Bonin is offering what he sees as a solution to the city’s housing and affordability crisis: taxing landlords who keep habitable housing units empty. The council's Housing Committee is supporting a plan to study the issue, a possible prelude to a move to put a housing tax measure on the ballot next year. Should the proposal go f

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California's First Statewide Rent Control Bill Faces Next Test

Nicole Apostolos

Aug 15, 2019
2 min

California's First Statewide Rent Control Bill Faces Next Test

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

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Mixed-Use, Lifestyle Center Projects Dominate Los Angeles Retail Construction This Quarter

Nicole Apostolos

Jul 24, 2019
2 min

Mixed-Use, Lifestyle Center Projects Dominate Los Angeles Retail Construction This Quarter

CoStar Market Insights: Developers Continue Adapting to Evolving Retail Environment JULY 24, 2019|RYAN PATAP Developers have received the message that certain retail segments face challenges, and as a result, are being quite selective with starting new projects in Los Angeles. Just 2.3 million square feet of retail space is currently under construction, which represents just 0.5% of the Los Angeles metro’s existing retail product. Mixed-use projects and lifestyle centers domi

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As Rents Keep Rising, Renters Opting For Location Over Size

Nicole Apostolos

Jul 24, 2019
3 min

As Rents Keep Rising, Renters Opting For Location Over Size

CoStar Analysis: Smaller Apartments Gaining Significant Traction as Renters Accept Rent-Location Trade-off JULY 24, 2019|ROBIN TRANTHAM AND JOSEPH BIASI Demand for rental housing once again outpaced supply in the first half of 2019 after climbing to a record high a year earlier. The last year and a half has capped off a strong cycle in U.S. rent growth, with the average apartment rent level now sitting 24% above its prerecession high. This cycle’s historically strong rent gro

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First Opportunity Zone Ground-Up Office Comes to Booming Austin, Texas

Nicole Apostolos

Jun 24, 2019
3 min

First Opportunity Zone Ground-Up Office Comes to Booming Austin, Texas

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

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CBS-Viacom Deal Could Be Next Act in Media Real Estate Shakeout Drama

Nicole Apostolos

Jun 24, 2019
4 min

CBS-Viacom Deal Could Be Next Act in Media Real Estate Shakeout Drama

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

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California Rent Cap Bill to Get First Senate Hearing

Nicole Apostolos

Jun 24, 2019
2 min

California Rent Cap Bill to Get First Senate Hearing

Mortgage Bankers Join Real Estate Groups In Opposing Assembly Bill 1482 JUNE 24, 2019|RANDYL DRUMMER A California bill aimed at limiting annual rent increases to 7% plus the cost of inflation to address housing affordability and homelessness is set to receive its first hearing in the state Senate, moving the Golden State closer to becoming the third in the nation to pass statewide rent control. The Senate Judiciary Committee is scheduled on July 9 to consider Assembly Bill 14

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Rexford Acquires San Fernando Business Center for $118.1 Million

Nicole Apostolos

Jun 7, 2019
1 min

Rexford Acquires San Fernando Business Center for $118.1 Million

Barings Divests 592,000-SF Industrial Park JUNE 07, 2019|CHRIS BUNDY Rexford Industrial Realty Inc. acquired the San Fernando Business Center, a five building industrial park in San Fernando, California, for $118.1 million, or about $200 per square foot, from Barings Real Estate Advisers. Totaling 591,660 square feet on 28.7 acres in the East San Fernando Valley submarket of Los Angeles County, the asset was 88% occupied at the time of sale. The properties features

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Investments LA
Nicole Apostolos
Commercial Director
DRE#: 01464936

Nicole Apostolos
Commercial Director
DRE#: 01464936
(818)-380-5294
Nicole@InvestmentsLA.com

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