Call it the year of the tenant. As housing costs rise and cities search for new ways to slow displacement, some local governments are giving renters more power when the buildings they... Read more »
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 »
In a rare moment of political alignment last month, Gov. Gavin Newsom and President Trump vowed to crack down on corporate home buying. Now, a new bill aims to make it a... Read more »
# ## Why California Professionals Should Care About This Wave of Corporate Layoffs If you’re a California resident working in corporate America—or managing assets for someone who is—the recent wave of layoffs... Read more »
Source: CNBC – Intel Stock Drops 14% as Manufacturing Troubles Overshadow Earnings Who This Impacts and Why It Matters If you or your family members hold Intel stock as part of your... Read more »
In his final State of the State speech, Gov. Gavin Newsom took aim at a group that some say contribute to California’s housing affordability crisis: corporate landlords. Newsom vowed to take a... Read more »
Gov. Gavin Newsom is taking aim at institutional investors making purchases in the residential market. Following a similar announcement by President Donald Trump, Newsom is planning to work with local legislators to... Read more »
CBRE arranged the $12.05-million sale of 6060 Cornerstone Ct. West, a 67,099-square-foot office building in San Diego, to a local private investor, Sorrento Biotech Center LLC, which plans to convert the property for life... Read more »
A group of renters in the U.S. say their landlords are using software to deliver inflated rent hikes. “We’ve been told as tenants by employees of Equity that the software takes empathy... Read more »
L. Scott Bruggemann, senior vice president and general counsel at Summit, wrote in an emailed response to HousingWire that, at this time, the company “does not have anything to add to its... Read more »