Author Archive

Renters Assistance is On the Table in Stimulus Talks

via GlobeSt.com A credible proposal for another stimulus measure hit Capitol Hill on Tuesday. There is no guarantee that it will pass and be signed into law and it is light on details but it is the first serious attempt to jumpstart bipartis...

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Employees Increasingly Reluctant to Return to the Office

via GlobeSt.com Office occupancy rates dropped significantly last week, likely due to Thanksgiving. Kastle Systems’ 10-city national average fell to 17.6% — an 8.1% drop from the previous week. Every city measured on the Kastle Back t...

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Shining a Light on 2020 Tax Planning: The Importance of Year-End Planning

via AptMags.com Shining a Light on 2020 Tax Planning:  The Importance of Year-End Planning The year started as a normal filing season, but with the Coronavirus pandemic, there is now a lot more to consider from a tax planning standpoint....

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Prop 15, aimed at raising taxes on commercial properties, is dead

via TheRealDeal.com Proposition 15, the statewide ballot initiative that would have raised taxes on large commercial property owners, has been defeated. Unofficial results from election night showed voters had rejected the measure. A week...

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Industrial Remains 2020’s Top Performer

via GlobeSt.com While most commercial real estate sectors are suffering from rising vacancies and falling rents during the pandemic, industrial keeps outperforming its peers. Buoyed by continuing strength in e-commerce, the warehouse/dist...

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Los Angeles Rents Fall Nearly 7% Since March

via GlobeSt.com Los Angeles rents have decreased nearly 7% since the start of the pandemic, placing the city somewhere in the upper-middle in terms of rent declines. Data from Apartment List shows that rents in Los Angeles have decreased 6.9...

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Outdoor Retail Areas Are Here to Stay

via GlobeSt.com Outdoor retail and dining areas could be here to stay, according to panelists at a recent CREW San Diego event, which analyzed the lasting effects of the pandemic. The conversation included Howard Blackson of AVRP Studio; Dav...

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Multifamily Rents Declined at Record Pace in Q3

via GlobeSt.com Job losses, combined with the expiration of unemployment benefits, may finally be taking its toll on the apartment market. After multifamily held up reasonably well in Q2, national asking and effective rents declined at a ...

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Small Apartment Pricing Improves in Q3

via GlobeSt.com Throughout the COVID-19 recession, it has been anticipated that smaller apartment owners would bear the brunt of the problems in the multifamily sector. If rent payments are late or units are empty, there are fewer apart...

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Voters Reject California’s Proposition 21

via GlobeSt.com Once again, California voters have decided not expanded rent control in the state. In Tuesday’s election, voters rejected Proposition 21. Had it passed, the measure would have allowed local jurisdictions to expand rent cont...

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