Author Archive

Tenants Get Creative as They Look to Exit a Lease

via GlobeSt.com If a store can’t survive, a buyout may be the best option. If a landlord thinks a tenant can survive after the COVID economic crisis passes, they’re usually motivated to work on payment plans, according to Luis Martine...

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Landlords Increase Apartment Concessions To Draw In Tenants

via GlobeSt.com More than 30% of rental listings on Zillow in July featured concessions, compared to 16.2% of listings in February and 12.5% last July. Landlords are increasingly willing to offer concessions or perks to potential tenant...

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A Closer Look at California’s AB 3088

via GlobeSt.com The act is a temporary solution meant to provide some level of certainty to renters, modest protections for small landlords and time for the state to determine what additional relief may be needed. In the final week of the...

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Pandemic Accelerates Demand Trends for Industrial Property

via GlobeSt.com Increased demand for industrial space, which has fared better than other real estate sectors during the pandemic, sets it up for more investment in the second half of 2020, according to a report from commercial real estate br...

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Apartment Rent Payments Fall for Third Straight Month

via GlobeSt.com Apartment rent payments continued their downward drift in August. But the industry’s eyes are focused on September, as states try to fill in the gap from expired unemployment benefits provided by the CARES Act. The numbe...

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CDC Declares Eviction Moratorium That Will Last Until Year’s End

via GlobeSt.com The Centers for Disease Control and Prevention is using its quarantine authority to temporarily halt evictions in order to keep COVID-19 from spreading. This order will take effect immediately and last until Dec. 31, 2020...

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California governor signs eviction relief bill amid virus

via APnews.com SACRAMENTO, Calif. (AP) — Californians who haven’t paid their rent since March 1 because of the coronavirus can stay in their homes through at least Jan. 31 under a new state law Gov. Gavin Newsom signed late late Monday â...

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Everything You Ever Wanted to Know About A.B. 1482: The New Statewide Rent Control and Tenant Protection Law

via aptmags.com The New Statewide Rent Control and Tenant Protection Law Despite the overwhelming voter turnout against 2018’s Proposition 10, Assembly Bill 1482 was passed by the State’s Legislature and became effective as of January 1...

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Do Rent and Eviction Moratoriums Violate Landlords’ Constitutional Rights Under the Contract Clause?

via aoausa.com You might be surprised to learn that the U.S and California Constitutions both contain clauses that unequivocally prohibit and law - whether state, local or administrative - from "impairing" contract rights between two parties...

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Prop 15 Could Dramatically Change Property Tax Collections for CRE

By Kelsi Maree Borland via GlobeSt.com It has officially arrived—the final language on the split-roll tax ballot measure that has been expected and dreaded among California property owners. Prop 15, as it has been called, would remove the ...

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