What’s Happening in the Housing Market By Lloyd Segal, President of the Los Angeles Real Estate Investor’s Club

  Below is an excerpt from the Monday Morning Quarterback from June 26, 2023. Adding Affordable Housing Is ‘Essential’ to Fixing California’s Homelessness Crisis  The main barrier to fixing California’s homelessness crisis is the massive shortage of affordable housing for people with very low incomes, and fixing that is “essential” to solving homelessness, according to a…

What’s Happening With Southern California’s Housing Market? By Lloyd Segal, President of the Los Angeles County Real Estate Investors Association

This article contains excerpts from Monday Morning Quarterback, May 8, 2023   L.A. City Council Approves Aggressive Plans for More Housing The Los Angeles City Council voted 13-0 [in May] to approve new development plans allowing up to 135,000 new homes in Hollywood and downtown L.A. over the next two decades. Lawmakers cheered the passage…

stock market crash apartment values

Something to Think About: How a Stock Market Crash Could Reshape Apartment Valuations by Klarise Yahya

Investors often view the stock market and commercial real estate as distinct silos, yet they share deeply interconnected ecosystems. When the Dow Jones or S&P 500 tumbles, the shockwaves frequently travel through the financial system to impact the value of all assets that can be borrowed against. Understanding the probability of a crash and its…

step-up in basis

Step-Up in Basis: Preserving Family Wealth Through Smart Estate Planning by Eric J. Lowe

The largest transfer of wealth in American history is already underway. According to Cerulli Associates, a leading global research and wealth management consulting firm, approximately $124 trillion is expected to change hands through 2048, with nearly $105 trillion transferring to heirs. A substantial portion of this wealth consists of highly appreciated real estate, including apartment…

Senate Bill 79

New Law Could Create a Million New Apartments  and Condominiums in California From Lloyd Segal, President of Los Angeles Real Estate Investors

A new state law that allows denser housing development near major transit stops [went] into effect in July, opening the door to construction of more than one million new units in California’s urban centers. The law forces cities to approve taller apartment and condominium complexes around rail stops, ferry terminals and rapid transit bus stops,…

Tenant Buyout Agreements

Paper Liens; Real Damage by Mercedes Shaffer

Across California, property owners are increasingly uncovering a quiet but disruptive problem: mechanic’s liens recorded against properties for work that was never performed. While this issue is most prevalent in Los Angeles County, similar cases are also surfacing in Orange County, San Diego County, Santa Clara County and San Francisco County – particularly in markets…