TO OUR RESIDENTS: Please follow all local authorities and recommendations regarding the evacuation orders. And, although not all buildings are in the evacuation zones, please keep in mind some utility providers have turned off services such as electric and gas.
Our office is OPEN during normal business hours, for assistance please call 310.260.6363
Please note, our office will be closed on Monday, January 20th in observance of Martin Luther King Jr. Day. For property emergencies only, please call 424.330.5117
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via GlobeSt.com US District Judge John Barker in Texas has ruled that an eviction moratorium put in place by the Centers for Disease Control and Prevention last year and then extended until March is unconstitutional. The ruling does not affect states’ eviction moratoriums. Read More..
via AptMags.com ATTORNEY CRAIG MORDOH joins us LIVE! Join us online for a live webinar and Q&A session with Craig Mordoh, the Apartment Association of Greater Los Angeles’ General Counsel and one of the area’s top landlord and eviction attorneys. YOU DON’T MISS THIS IMPORTANT UPCOMING, NEW WEBINAR – THIS IS YOUR CHANCE TO GET YOUR LEGAL QUESTIONS ANSWERED BY CALIFORNIA’S TOP LANDLORD ATTORNEY…ALL FOR FREE! Learn about when and how you can evict your problem tenants, how Senate Bill 80 and Assembly Bill 91 work and whether it will all be over by June 30, 2021, and the many legal strategies YOU... Read More..
via GlobeSt.com More retailers will cut their physical footprints in 2021, according to a new survey of retail CFOs by global accounting firm BDO. Approximately 40% of CFOs surveyed say they are reevaluating their real estate footprint this year, as high unemployment rates and stalled COVID-19 vaccination strategies have brands girding for a lengthy period of reduced consumer spending. Read More..
via GlobeSt.com This year, several new employment laws went into effect in California to tackle the impacts of COVID-19 and to ensure the safety of employees. Many of these laws broadly impact companies and office occupiers. While these laws certainly impact operations, some have the ability to hamper office demand as well, even after stay-at-home orders were lifted. The COVID-19 pandemic drove the passage of key workplace laws last year,” Dwayne McKenzie, a partner at Cox, Castle & Nicholson, tells GlobeSt.com. “The pandemic is not over yet, and depending on how 2021 unfolds, the legislature may see a need to add to, modify, or extend some of those laws.” Read More..
via Forbes.com Mere hours after Joe Biden was inaugurated as the 46th U.S. president, he signed a slew of executive orders in response to the continuing Covid-19 crisis. Among them was an extension of the eviction moratorium for renters who have fallen behind on their bills due to unemployment or reduced wages during the pandemic. Read More..
via GlobeSt.com Since the pandemic began, nearly one-third of commercial leases in the US negotiated since March include the pandemic as a force majeure event, according to a survey by LexisNexis. Robert DiPisa, real estate attorney and co-chair of the Cannabis Law Group at Cole Schotz, notices similar trends. Read More..
via AptMags.com Please join us on Tuesday, January 12, 2021 at 11:00 a.m. to hear from the leading landlord / tenant legal expert, Dennis Block, Esq. DON’T MISS THIS IMPORTANT NEW WEBINAR – THIS IS YOUR CHANCE TO GET YOUR LEGAL QUESTIONS ANSWERED BY CALIFORNIA’S TOP EVICTION ATTORNEY…ALL FOR FREE! Hear Dennis’ insights on what we can expect once Assembly Bill 3088, the state eviction “stop-gap” law expires – what will our State’s Legislature think of next? Learn about when and how you can evict your problem tenants, legal strategies you can deploy today to ensure you collect as much past due rent as possible and KNOW your rights as a rental property owner in today’s “upside down” world. Read More..
via GlobeSt.com Apartments, office and retail are all following a similar trend: rising vacancy rates with declining rents. A new report from Moody’s Analytics calls the dynamic “bleak, but not dire,” noting that while most metros are following a similar pattern, most of the declining fundamentals are more moderate than originally expected. Read More..
via GlobeSt.com Finally, finally Congress has passed another stimulus measure, a $900 billion bill that includes several provisions beneficial to commercial real estate and, of course, the larger US economy. CRE Finance Council has provided members with a rundown on the basics contained in the 5,593-page bill, which the White House has said President Trump will sign. Read More..
via GlobeSt.com Los Angeles apartment rents have declined 7.5% since February, according to a new report from Apartment List. The downward trend has kept pace with apartment vacancy, which has increased. According to the report, the pre-pandemic vacancy index in Los Angeles was 7.4%, but since has since increased to 7.9%. Los Angeles’ apartment rent loss came slowly and steadily, unlike markets like San Francisco that spiked earlier on in the pandemic. “Our rent index for Los Angeles began trending downward in April and has shown negative month-over-month growth in each month since, so it wouldn’t necessarily say that the market in L.A. was any slower to react than in other parts of the country,” Christopher Salviati, housing economist at Apartment List, tells GlobeSt.com. “Compared to San Francisco, the magnitude of the rent decline in L.A. has been less extreme.” Read More..