NEWS RELEASE: Construction Delays are Ongoing as Most Costs Continue to Rise

[The recent] NMHC Construction Survey found that 90% of respondents reported construction delays[ with 78% of this group reporting delays in permitting and 86% experiencing start delays. Notably, an increasing share of respondents reported delayed starts due to a lack of availability in construction financing—from 7% of respondents in March, to 15% in June, to 31%…

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Vacancy Tax Bill Qualifies for November Ballot – By Gideon Kramer, SPOSFI News Editor

District 5 Supervisor Dean Preston has gathered the 9,000 signatures necessary to place his Vacancy Tax legislation on the November ballot. This measure would apply to all real estate in buildings with three units or more, including condos. If it passes, we should not be surprised if it expands to include ALL private property in…

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The Inflation Reduction Act and Renewable Energy: How Much Can You Save?

The below article was written by Daniel Sharabi, CEO of Livable.  Livable is a full-service residential & commercial real estate billing partner. Focusing on bulk amenity/utility billing, their mission is to promote savings and conservation through education. Their suite of cloud services and end-to-end solutions helps to reduce monthly consumption, overall expenses and adds more…

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Long Beach Trade Show and Educational Conference a Big Success and FINALLY… L.A. County Tenant COVID-19 Protections End December 31, 2022!

Trade Show a Huge Success! WOW! What an event! Our “Million Dollar” Trade Show and Landlording Conference last month was a huge success! Very knowledgeable speakers delivered fantastic content that provided our members with loads of ideas that will empower them to make and or keep more money than ever before. What was your big…

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Amazon Unlocks the Potential of Passive Real Estate Investing Austin Bowlin, CPA – Partner at Real Estate Transition Solutions

It is called the Amazon Effect — and you’ve probably heard a lot about it. The ecommerce giant has reshaped nearly everything, from the way that consumers think about shopping and accessing goods to the global supply chain. For institutional investors, the Amazon Effect has squarely placed industrial properties as the darling of the commercial…

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