Multifamily Demand Remains Stable As Rent Growth Slows By John Triplett

Multifamily rents are rising as demand remains stable and healthy, but rent growth is slowing in some markets, Yardi Matrix says in the June National Multifamily Report. “While some markets are experiencing slowing growth, multifamily largely continues to perform well, with a solid 95 percent occupancy rate and moderate rent growth in most metros.  However, economic uncertainty and…

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Navigating California’s Building Balcony Safety (SB 721 and SB 326): A Comprehensive Guide for Landlords and Building Owners By Omid Ghanadiof, Dr. Balcony

As a landlord or building owner in California, it is essential to stay informed about the latest legislative developments that impact your responsibilities and obligations. Two important bills, SB 721 and SB 326, have been enacted to enhance safety standards for multi-unit residential buildings. This article aims to provide a comprehensive guide to help you…

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Oppose the “Justice for Renters Act” 2024 By Michael Millman, Esq.

The below letter was sent out by Attorney Michael Millman. Dear Friends: Although every tenant activist affirms and agrees that upon the completion and passing of a comprehensive statewide rent control law, (AB 1482), there would be no further challenge or attack on the “protections” secured by the 1995 Costa-Hawkins Fair Housing Act. It appears…

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Rising Interest Rates Put Multifamily Borrowers and Lenders in a Bind By: Yardi Matrix

Participants at the CREFC (Commercial Real Estate Finance Committee) annual conference in June highlighted the troubles that include weak demand, rising defaults and growing difficulty in refinancing maturing loans, Yardi Matrix writes in a special bulletin. “No matter how well loans are performing, takeout financing will be difficult,” said one panelist at the meeting of CRE Finance Council’s Annual…

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Fair Housing and Phone Calls – Ensuring Compliance by the Fair Housing Institute

In today’s rapidly-evolving digital landscape, it’s easy to overlook the significance of traditional forms of communication, such as phone calls, in the day-to-day operations of leasing offices. While email and messaging services have become prevalent, phone calls remain an indispensable aspect of effective leasing-office management. However, property management professionals must remain vigilant about the potential…

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The Dilemma of Rising Property Insurance Costs by Mercedes Shaffer, Realtor

The landscape of property ownership in California has undergone significant transformations in recent years, with the implementation of rent caps and the surge in property insurance costs. While the intention behind rent caps was to protect tenants from exorbitant rental prices, the unintended consequence has been the stifling of profitability for apartment owners. When coupled…

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Despite the Coming Gas Ban, California is Far From Ready to Go “All Electric” By Chaz Peling, CEO of SolSolutions LLC

In the rush to phase out fossil fuels to reduce the impacts of climate change, California’s state and city governments are ramping up a large number of mandated changes and phase-outs around fossil-fuel-based equipment, appliances and vehicles, used in homes, buildings, transportation and everyday living and business activity. This article specifically addresses recent permit and…

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Apartment List’s National Rent Report (August 2023) By the Apartment List Research Team

Welcome to the August 2023 Apartment List National Rent Report. The rental market hit a big milestone this month, as national rent growth is finally negative year-over-year. This means that on average across the nation, apartments today are renting for less than they did one year ago. This marks a major deceleration from recent years, when annual…

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Apartment Building

PRESS RELEASE: Santa Ana launches Rental Registry for landlords

Landlords are required to register rental units pursuant to the Rent Stabilization and Just Cause Eviction Ordinance. SANTA ANA, Calif. – Effective November 18, 2022, the City of Santa Ana enacted the Rent Stabilization and Just Cause Eviction Ordinance (“Ordinance”) to regulate rent increases and evictions for certain rental properties and mobilehome spaces. Under the…

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