DILLON BEACH, Calif. — A stay in Brian Maggi’s house, per the Airbnb listing, is what coastal California dreams are made of. “Bathed in natural sunlight,” it reads, you can “enjoy unobstructed panoramic... Read more »
Florida-based BH3 Management has acquired a 68-unit residential property in Malibu’s coastal enclave of Point Dume. The purchase price was more than $70 million; it was financed through a $75-million loan from Maxim Capital. Located at... Read more »
Global Holdings has rebranded the Gramercy Park rental building 51 Irving Pl. to Anagram Gramercy, marking the third residential tower under Global’s Anagram umbrella, with more planned in the future. Anagram Gramercy joins Anagram... Read more »
Airbnbs and other short-term rentals in unincorporated areas will be restricted to hosts who are renting out their primary residence, under a proposal that gained preliminary approval from the Los Angeles County... Read more »
Los Angeles County plans to crack down on short-term rentals such as Airbnb in unincorporated areas in order to protect permanent homes for working-class residents. The Board of Supervisors unanimously voted to... Read more »
There has been much back and forth in the industry about reporting for short-term rentals — who should complete the report and what form should be used? Previously, the only way to... Read more »
Large apartment complexes house about a quarter of renters across California, with the bulk of the state’s tenants living in small buildings owned by mom-and-pops. The largest California rental complexes, those with... Read more »