Liquefaction_ in Adapazari Turkey

by Jodi Summers Get ready for some major chaos and expense. According to a City report, more than 2,200 buildings in Santa Monica may be vulnerable to collapse or major damage during an earthquake, including more than 1,800 soft-story buildings, 220 brick buildings, 73 concrete buildings and 71 steel-frame buildings. The report concluded,  “many buildings […]

Los Angeles Rent map 2016

by Jodi Summers Expect the average rent on an apartment in much of Southern California will rise by at least $100 over the next two years, concludes the USC Casden Multifamily Forecast, released by USC’s Lusk Center for Real Estate. Beacon Economics prepared the report for USC, analyzing rents, housing supply and population growth in […]

let us host

by Jodi Summers Do you want to know what rental prices at the beach have gotten so high? Short-term rentals have pushed up the demand and thus the price. The Los Angeles Alliance for a New Economy, a labor-backed advocacy group, estimates that more than 7,000 houses and apartments have been taken off the rental […]

too late to retrofit

by Jodi Summers As if the apartment rental situation in Los Angeles is not tenuous enough for you…just wait…the first phase of the city’s massive earthquake retrofitting project is about to begin. The Department of Building and Safety has compiled the official list of apartment buildings most at risk of collapse, landlords get notice in […]

by Jodi Summers Santa Monica has often been nicknamed the “Republic of Santa Monica” for the City’s rather unique stance on various social positions. Santa Monica’s latest set of rules may or may not be unconstitutional, but it will no doubt impact multiunit properties throughout Los Angeles. The City of Santa Monica has declared that […]

by Jodi Summers Everyone loves Santa Monica. The City knows it and has recently approved a transportation mitigation impact fee for new construction projects. The City Planning Commission estimates that the fee could raise $60 million for transportation projects over the next 20 years. The transportation mitigation impact fee will help pay for transportation improvements […]