Companies are buying their buildings instead of renting them as office values bottom out around Los Angeles

Companies are buying their buildings instead of renting them as office values bottom out around Los Angeles

As the office market bottoms out after a long fall, renters are swooping in to buy their own buildings. Occupant businesses are seizing the opportunity to become owners, especially in downtown Los... Read more »
‘You’re a liar.’ Why the world’s biggest building boom has run into a wall in California

‘You’re a liar.’ Why the world’s biggest building boom has run into a wall in California

Bryan Marsh was booed by the crowd as he approached the podium in Monterey Park’s City Hall. Things weren’t going as planned. In front of a wall of people holding “No Data... Read more »
The ‘Squeezed Middle’ in the Magic City: Miami’s Vanishing Entry-Level Luxury

The ‘Squeezed Middle’ in the Magic City: Miami’s Vanishing Entry-Level Luxury

A wave of billionaires has been pouring into Miami—many seeking to avoid a proposed California “wealth tax” that would impose a one-time 5% levy on assets. But for everyday families, the middle... Read more »

This Florida City Is Offering a $10K Incentive To Build an ADU

Homeowners in Orlando, FL, can now get more than $10,000 in rebates to build accessory dwelling units on their property and rent them out as workforce housing. The ADU Incentive Program—which was... Read more »
Pasadena Condo Project Appeal Denied by City Council

Pasadena Condo Project Appeal Denied by City Council

Pasadena officials sided with housing production over neighborhood resistance, clearing the way for a contentious 46-unit condominium project despite months of design complaints. On Monday, the Pasadena City Council unanimously denied an... Read more »
Four-story buildings allowed in some single-family zones under L.A.’s plan to delay SB 79

Four-story buildings allowed in some single-family zones under L.A.’s plan to delay SB 79

Since Gov. Gavin Newsom signed SB 79 into law last year, L.A. officials have been developing a strategy to stop its upzoning effects: Delay. The historic bill, which overrides local zoning laws... Read more »
City Council Launches Study on Corporate Homebuying Impact

City Council Launches Study on Corporate Homebuying Impact

Los Angeles officials are taking a closer look at whether deep-pocketed investors are shutting out would-be homeowners. The Los Angeles City Council voted last week to study how large institutional buyers, including... Read more »
Downtown L.A. wants San Francisco’s pop-up secret to get shoppers back

Downtown L.A. wants San Francisco’s pop-up secret to get shoppers back

As much of downtown L.A. continues to feel dark and deserted, local businesses want the city to steal San Francisco’s secret for firing up foot traffic. The tech mecca has slowly begun... Read more »
LA City Council Places Measure ULA on Review

LA City Council Places Measure ULA on Review

It’s looking more likely changes to the city of Los Angeles’s Measure United to House L.A. are coming. What shape they take is unclear, but concerns about the tax’s “unintended consequences” for... Read more »
City Council Approves Rancho San Pedro Entitlements

City Council Approves Rancho San Pedro Entitlements

The Los Angeles City Council has officially given the green light for the redevelopment of Rancho San Pedro near the Port of Los Angeles.  The One San Pedro Collaborative, a joint venture... Read more »