By Dustin MacFarlane, Estate Planning Attorney Sacramento, California Quick Answer: Are Permanent Trusts “Set It and Forget It”? No. Permanent trusts (also called irrevocable trusts or dynasty trusts) require precise drafting, ongoing... Read more »
# Why California Residents Are Choosing Permanent Relocation Over Snowbird Retirement—And What It Means for Your Estate Plan If you’re a California resident nearing retirement, you’ve likely heard friends or neighbors talking... Read more »
The Los Angeles City Council has voted to make Mayor Karen Bass’ affordable housing initiative, known as Executive Directive 1 (ED1), a permanent part of the L.A. Municipal Code. Issued three years... Read more »
Affordable housing developers no longer have to worry about Mayor Karen Bass’ temporary Executive Directive 1 expiring. On Tuesday, the Los Angeles City Council voted unanimously to adopt the Affordable Housing Streamlining... Read more »
Alloy Development has secured $290 million in permanent financing for 505 State St., reportedly New York City’s first all-electric skyscraper, located at the intersection of State Street and Flatbush Avenue in Downtown Brooklyn.... Read more »
Gantry secured a $27.8-million permanent loan to refinance the R3 by CLG apartment building located at 4091 Redwood Ave. in Marina del Rey. The 85-unit apartment building was originally delivered in 2016.... Read more »
In spite of developers’ concerns about the feasibility of Executive Directive 1, a program designed to speed up affordable housing construction, Los Angeles Mayor Karen Bass is looking to make the order... Read more »
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) this week announced the awarding of more than $14.5 million that will be distributed by... Read more »
Gantry secured a $25.4-million permanent loan to retire construction financing for the recently completed SW by CLG in Los Angeles. Located at 1947 Sawtelle Blvd. in West LA’s Japantown neighborhood, the four-story,... Read more »