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Los Angeles Public Records Show Wide Variance Among 'Mansion Tax' Payments in First Year
ULA Law Confuses Investors, Threatens Dealmaking The Fashion Institute of Design & Merchandising paid a nearly $900,000 ULA tax in what...
Nicole Apostolos
Feb 2, 20246 min read


Southern California Project Extends Multifamily Boom Near SoFi Stadium
Texas Developer JPI Started Construction on the 222-Unit Project in Inglewood A 222-unit apartment project is under construction at 939...
Nicole Apostolos
Feb 2, 20242 min read


Reappraisal Values Drop, New Office Loan Delinquencies Outpace Workouts, Multifamily Loan Risk Rises
A Weekly Look at the Commercial Mortgage-Backed Securities Business The 41-story EY Plaza in downtown Los Angeles, pictured center,...
Nicole Apostolos
Jan 23, 20244 min read


Los Angeles Skyscraper Marks Nation's Latest Major Affordable Housing Project
35-Story Development Pitched In Hollywood Features All Affordable Units A vacant lot at at 5645 W. Fernwood Ave. may soon transform into...
Nicole Apostolos
Jan 23, 20242 min read


Multifamily Sales Activity in the City of Los Angeles Increased in the Fourth Quarter
While an Improvement From Midyear, Activity Remains Well Below Pre-Pandemic Activity By Ryan Patap CoStar Analytics January 9, 2024 |...
Nicole Apostolos
Jan 11, 20242 min read


California Aims To Speed Up Affordable Housing Development With New Law
Gov. Newsom Signs Legislation To Cut Down Environmental Reviews Eleven of the nation's top 20 most expensive apartment rental markets are...
Nicole Apostolos
Sep 15, 20232 min read


Los Angeles Apartment Rents Reach Peak in Late August
Modest Momentum Seen in 2023 Appears To Have Stalled By Ryan Patap CoStar Analytics September 13, 2023 | 1:55 P.M. Average asking rents...
Nicole Apostolos
Sep 15, 20232 min read


Lincoln Property To Redevelop Suburban Los Angeles Office Into Apartments
Lincoln Property Company Hopes to Convert Building into 309 Apartment Units The two-story, roughly 30,000-square-foot office building at...
Nicole Apostolos
Sep 5, 20232 min read


For First Time, Los Angeles City Council Approves Added Tax Dollars From New Property Sales Hike
Bulk of Initial $150 Million From 'Mansion Tax' To Go Toward Building Affordable Housing Los Angeles unveiled a new transfer tax in April...
Nicole Apostolos
Sep 5, 20233 min read


For First Time, Los Angeles City Council Approves Added Tax Dollars From New Property Sales Hike
Bulk of Initial $150 Million From 'Mansion Tax' To Go Toward Building Affordable Housing Los Angeles unveiled a new transfer tax in April...
Nicole Apostolos
Aug 31, 20233 min read


High-End Apartment Construction Dominates in Greater Los Angeles
Market Holds a Greater Percentage of Premium Projects Than Most Areas Nationally By Ryan Patap CoStar Analytics August 30, 2023 | 7:55 AM...
Nicole Apostolos
Aug 31, 20231 min read


Don’t Declare the Battle Over Yet
Retail Sales Data Gives Fed Reason To Fight On By Christine Cooper and Rafael De Anda CoStar Analytics August 16, 2023 | 7:30 AM The...
Nicole Apostolos
Aug 23, 20233 min read


West Coast Cities Slam Brakes on Housing Production Amid Worsening Crisis
Multifamily Construction Starts Fall From San Diego to Seattle After Years of Robust Building The 30-unit Ardmore Lofts are under...
Nicole Apostolos
Aug 11, 202311 min read


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...
Nicole Apostolos
Aug 4, 20231 min read


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...
Nicole Apostolos
Aug 4, 20232 min read


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...
Nicole Apostolos
Jul 28, 20232 min read


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...
Nicole Apostolos
Jul 21, 20233 min read


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....
Nicole Apostolos
Jul 21, 20232 min read


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,...
Nicole Apostolos
Jul 6, 20232 min read


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...
Nicole Apostolos
Jul 6, 20232 min read
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