Voters To Decide Whether To Expand California Rent Control
‘Justice for Renters Act,’ Opposed by Landlords, Gathers Enough Signatures To Qualify for 2024 Ballot A measure that would allow for the...
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Nicole Apostolos
- Jul 28, 2023
- 2 min
Los Angeles Apartment Vacancy Rises Further in First Half of 2023
Reduced Demand Combined With Elevated Supply Additions Precipitate Sustained Ascent By Ryan Patap CoStar Analytics July 26, 2023 | 5:58...
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Nicole Apostolos
- Jul 28, 2023
- 2 min
Los Angeles Apartment Association Sues City Over Rent-Freeze Ordinance
Group Wants State Superior Court To Prohibit Municipality From Enforcing Law The Apartment Association of Greater Los Angeles wants a...
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Nicole Apostolos
- Jul 21, 2023
- 3 min
Multifamily Sales Drop in Los Angeles
Transfer Tax Imposed April 1 Dents Investor Demand By Ryan Patap CoStar Analytics July 17, 2023 | 10:33 AM Multifamily sales dropped...
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Nicole Apostolos
- Jul 21, 2023
- 2 min
Mansion Tax Generates Lower-Than-Expected Revenue for Los Angeles
Despite Slow Start, Latest Sales Expected To Increase Funds in Upcoming Financial Reports A 37-unit multifamily property at 827 S....
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Nicole Apostolos
- Jul 6, 2023
- 2 min
Los Angeles County Industrial Property Sells for Among the Highest Total Amounts in Region
IDS Real Estate Spends More Than $125 Million on Azusa Property The roughly 432,500-square-foot Azusa Industrial Center in Azusa,...
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Nicole Apostolos
- Jul 6, 2023
- 2 min
Los Angeles Building, Once Described by US Senators As Plagued by Rodents and Mold, Sells for $97M
Capital Realty Group Buys Cathay Manor Senior Housing Complex in Chinatown, Pays Big Mansion Tax The roughly 270-unit Cathay Manor...
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Nicole Apostolos
- Jun 29, 2023
- 2 min
Northeast Los Angeles Sees Near-Record Apartment Development
Area in Transition Brings Higher-End Projects By Ryan Patap CoStar Analytics June 26, 2023 | 8:04 AM After seeing an upswing in...
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Nicole Apostolos
- Jun 29, 2023
- 2 min
Developer Moves Forward on Apartments in Desirable Los Angeles County City
Project Would Be First To Be Built in This Part of West Hollywood, California A roughly 115-unit apartment project has been proposed in a...
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Nicole Apostolos
- Jun 29, 2023
- 3 min
Developer With China-Based Investors To Sell Downtown Los Angeles Multifamily Site
Sale Comes As Other International Stakeholders Part Ways With LA Property The owner of 1233 S. Grand Ave. in downtown Los Angeles, where...
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Nicole Apostolos
- Jun 23, 2023
- 2 min
Los Angeles Apartment Rents Stall After Returning to Peak Levels
Average Asking Rents Have Moved Sideways in the Second Quarter By Ryan Patap CoStar Analytics June 20, 2023 | 11:42 AM Average asking...
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Nicole Apostolos
- Jun 23, 2023
- 2 min
Rising Apartment Vacancy and Cooler Rent Growth To Persist in LA, New Data Shows
Apartments.com Search Activity and Concessions Data Predict Continued Near-Term Softness By Ryan Patap CoStar Analytics June 22, 2023 |...
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Nicole Apostolos
- Jun 19, 2023
- 2 min
LA's Biggest Office Lease This Year Gives Boost to Building in Receivership
City Council Approves Lease for 295,000 Square feet in the Gas Company Tower Downtown The 50-story Gas Company Tower in downtown Los...
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Nicole Apostolos
- Jun 19, 2023
- 2 min
Downtown Los Angeles Office Building in Receivership May Land Big Tenant
City of Los Angeles Mulls Signing Lease for More Than 295,000 Square Feet The 50-story Gas Company tower, middle, is located at 555 W....
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Nicole Apostolos
- Jun 8, 2023
- 2 min
Los Angeles Mandate on Air Conditioning Multifamily Units Could Come at Cost To Owners
Apartment Association Says Many Owners Couldn't Afford the Proposed Requirements The city of Los Angeles is exploring whether to mandate...
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Nicole Apostolos
- Jun 8, 2023
- 2 min
Los Angeles County Industrial Sale Arrives as Market Slows
EverWest Pays $32 Million for Carson, California, Site The roughly 90,400-square-foot industrial property is located at 2824 E. 208th St....
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Nicole Apostolos
- Jun 1, 2023
- 4 min
Los Angeles Ordinance That Led to Thousands of New Homes Downtown May Expand Citywide
Draft of Ordinance That Could Open Up More Adaptive Reuse May Be Approved in Coming Months The Old Bank District, a group of early 20th...
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Nicole Apostolos
- Jun 1, 2023
- 2 min
Apartment Tower Planned for Hollywood As Los Angeles Grapples With Housing Shortage
20-Story Building To Rise in Active Multifamily Market An Art Deco-inspired apartment is being planned at 1830 N. Cahuenga Blvd. in...
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Nicole Apostolos
- May 25, 2023
- 2 min
CIM Group Plans Hundreds of Apartments in West Hollywood, California
Project Would Rise 34 Stories and Feature 30,000 Square Feet of Commercial Space CIM Group wants a 34-story apartment building at 1000 N....
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Nicole Apostolos
- May 25, 2023
- 3 min
Another Struggling Downtown Los Angeles Office Falls into Receivership
Brookfield DTLA’s EY Plaza Is Second Building To Go Into Receivership Amid Weakening Office Market The 41-story Class A EY Plaza at 725...
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