Month: September 2019

California Assembly passes statewide rent control bill—governor will sign

California Assembly passes statewide rent control bill—governor will sign

The bill will cap rent hikes at 5 percent, plus inflation By Jenna Chandler California is on the verge of having statewide rent control. Assembly Bill 1482—which will bar landlords from hiking rents more than 5 percent, plus local inflation, in one year—was approved this afternoon […]

Bow West Wraps West Adams Redevelopment

Bow West Wraps West Adams Redevelopment

La Cienega Place By Hannah Madans original article: https://labusinessjournal.com/news/2019/aug/28/bow-west-wraps-west-adams-redevelopment/ The latest addition to the booming Westside is the first completed project from Bow West Capital. The downtown-based developer recently completed La Cienega Place, a 29,000-square-foot creative office space conversion in West Adams, just outside of Culver […]

Fannie Mae: Expect 2 more interest rate cuts this year

Fannie Mae: Expect 2 more interest rate cuts this year

BY MIKE WHEATLEY original article: https://realtybiznews.com/fannie-mae-expect-2-more-interest-rate-cuts-this-year/98755532/ Mortgage servicing giant Fannie Mae says it expects the Federal Reserve to make two more quarter-point interest rate cuts before the end of the year, most likely in September and December. If so, the cuts would likely result in lower […]

Housing markets will do just fine in a recession, economists say

Housing markets will do just fine in a recession, economists say

BY MIKE WHEATLEY original article: https://realtybiznews.com/housing-markets-will-do-just-fine-in-a-recession-economists-say/98755648/ Consumer fears of a recession are growing, and experts say it could cause some Americans to get skittish about possible knock-on effects on the housing market. One reason for that is many Americans remain haunted by memories of the Great […]

Center Lays Groundwork for 20-Year Expansion

Center Lays Groundwork for 20-Year Expansion

by: STEVEN SHARP original article: https://urbanize.la/post/providence-st-johns-health-center-lays-groundwork-20-year-expansion The hospital is planning 10 new buildings featuring healthcare facilities, housing, and retail. A draft environmental impact report published by the City of Santa Monica details plans for a two-decade expansion of Providence St. John’s Health Center. Founded in 1942, the […]


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