Landlords’ Partial Lawsuit Win Is Small Step, Not Giant Leap

Landlords’ Partial Lawsuit Win Is Small Step, Not Giant Leap

The Apartment Association of Greater Los Angeles’ partial win in its lawsuit against the City of Los Angeles may ease the financial burden and risk for local multifamily property owners to a... Read more »
Court Gives Landlords “Partial Victory” in Rental Laws 

Court Gives Landlords “Partial Victory” in Rental Laws 

The Apartment Association of Greater Los Angeles has scored a partial victory in its legal battle with the City of Los Angeles, as the court ruled to overturn one of two ordinances... Read more »

Federal Government Set for Partial Shutdown Despite Senate Passing Bipartisan Funding Bill

A partial government shutdown is set to begin Saturday morning after the Senate delayed a vote on a massive spending bill amid an ongoing tug-of-war over funding for Immigration and Customs Enforcement... Read more »
CIM Group’s CMCT Completes Partial Apartment Conversion of LA Offices

CIM Group’s CMCT Completes Partial Apartment Conversion of LA Offices

CMCT, a REIT operated by affiliates of CIM Group, completed the conversion of the top two floors of a three-story, approximately 143,000-square-foot office building at 4750 Wilshire Blvd. into 68 luxury apartment... Read more »
FHA proposes updates to partial claim payoff statements

FHA proposes updates to partial claim payoff statements

The Federal Housing Administration (FHA) this week published a newly proposed Mortgagee Letter on its Single Family Drafting Table, which would align mortgage borrowers and originators in their understanding of how much... Read more »
Gordon: FHA is examining mortgage loan assumption rules, hoping for a new partial claim option

Gordon: FHA is examining mortgage loan assumption rules, hoping for a new partial claim option

The Federal Housing Administration (FHA) is working to offer a new partial claim option before the end of 2023, according to the federal housing commissioner at the U.S. Department of Housing and Urban Development (HUD), Julia... Read more »