Many landlords, frustrated with the extension to the CDC pandemic eviction moratorium, are likely counting the days to its end on July 31. So are many others, whether in CRE or public policy, but wit...
Read More
In June, the headline inflation reading came in at 5.4%—the highest level since 2008. Fed Chairman Jerome Powell says that inflation is well above their 2% target. But he thinks this is a tempo...
Read More
Multifamily asking rents increased by a whopping 6.3% on a year-over-year basis in June. This is the largest YoY national increase in the history of our data set. Rents grew an astonishing $23 in J...
Read More
The presidential executive order of July 9, 2021 to promote “competition in the American economy” was intended more to prevent anti-competitive activity by corporations. “What we&rs...
Read More
Forty-four of the 50 largest metros broke new records. The US median rent price rose 8.1% year-over-year and 3.2% month-over-month to a new high of $1,575 in June, according to the Realtor.com Monthl...
Read More
Gov. Gavin Newsom recently signed SB 129, legislation that reflects the majority of the 2021-22 state budget agreement. This budget includes the biggest economic recovery package in California’s...
Read More
Investors—and the real estate industry at large—are rightly worried about the Biden administration’s proposed changes to 1031 exchanges. After all, 12 percent of all real estate sale...
Read More
Gov. Gavin Newsom launched a $1.1 billion initiative in partnership with local governments to revitalize California’s streets and public spaces through litter abatement and local beautification ...
Read More
CRE transaction volume has picked up notably over the past few months, but the market is still nowhere near normal, according to a panel of experts Trepp recently convened to talk about valuation tren...
Read More
The multifamily sector saw the smallest year-over-year decline of any property category, according to MBA’s latest survey. Commercial and multifamily mortgage loan originations decreased 14 per...
Read More
Southern California Multifamily Owners Resource is designed to help Southern California multifamily property owners manage, buy, sell and exchange their multifamily properties and enjoy stronger cash flow and a higher return on their investments. Learn more at www.socalmor.com.
Local news and trends along with some fun events delivered as humanly as possible.
Copyright © 2020 MikeLembeck.com . All Rights Reserved. Sitemap.
