Los Angeles County Supervisors and Los Angeles City Council approved a fund to bring support for renters and landlords during the pandemic COVID-19 times. Los Angeles City will provide to its residents two-monthly $1,000 per household, directly to landlords. If the debt to landlords is less than that, the household will receive a credit for Read more about Support for renters and landlords[…]
LaTerra Development, a Los Angeles-based developer of urban infill mixed-use properties, announced recently the formation of a programmatic joint venture with QuadReal Property Group, a global real estate company to build two Burbank & West Hollywood Apartments. The venture will invest up to $250 million in equity to develop and operate multifamily communities in Southern Read more about Multifamily Communities coming to Burbank & West Hollywood[…]
On Tuesday, April 2, 2019, Long Beach City Council voted to create an ordinance that will require landlords to provide financial assistance to those displaced by rent increases and some evictions. The new ordinance would consider rental assistance for tenants who were asked to pay a rent increase by more than 10 percent during a Read more about Rental Assistance in Long Beach, California[…]
On Friday, Mar 22, 2019, Atlas Capital Group, a New York-based real estate company, got the green light to build five seven-story apartment buildings across from a Metro Gold Line light rail station. The property is currently a vacant lot. Chinatown College Station is in a prime spot, sitting across from the new 32-acre Los Read more about New 725 Unit Apartments in Chinatown, Los Angeles.[…]
California Landmark Group is including co-living units in its latest 68-multifamily-unit project: C1 in Marina del Rey’s arts district. The project will feature 51 market-rate units, with a mix of studio, one- and two-bedroom configurations, and 17 fully furnished co-living units, making it the largest co-living project in Los Angeles to date. Ken Kahan, president Read more about Co-Living in Marina del Rey[…]