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Protest in front of Blackstone Group's office in Santa Monica
News

It's Official: California Governor Signs Bill, Capping Rent Across The State

... of a much larger tenants rights' movement happening worldwide.  Rent control advocates say a combination of low wages and lack  ... share of affordable housing.  However, opponents of rent control or California's "rent cap" say placing any kind of limit on ...

Oct 09, 2019
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With Rent Jumps Of Nearly 40%, Tampa Mayor Seeks To Ease Growing Pains
News

With Rent Jumps Of Nearly 40%, Tampa Mayor Seeks To Ease Growing Pains

... crunch: luring high-paying jobs, improving transportation and even exploring rent control. “But really, the bottom line is more supply,” Castor said ...

Feb 14, 2022
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commercial real estate, New York City, apartments, apartment building
News

New York Legislature Reaches Deal On Sweeping, Controversial Rent Reform Package

... municipalities across the state to enact their own forms of rent control. If Cuomo signs the package, which he has said he ... to hear an explosion in this state, you let the rent control laws expire.” The impending laws have significantly affected the real ...

Jun 11, 2019
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Rent Control: A Quick Fix Or Long-Term Solution?
News

The Limits Of Control: Are Rent Caps Really A Long-Term Solution?

... has been happy with new rent control measures. The California Apartment Association is fighting rent control in both Mountain View and ...  fighting a June referendum vote on Santa Rosa’s rent control ordinance. In particular, removing the restrictions of the ...

Mar 28, 2017
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Cambridge Terrace Apartments
News

Veritas Snaps Up Rent-Controlled Portfolio In Oakland

... company to delay any sale that would jeopardize the rent control on many of its San Francisco units. Neither Veritas ... Oakland residential properties still run high, but with May rent collection representing an important question mark. The Oakland portfolio ...

Apr 13, 2020
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Veritas' 950 Franklin
credit: Veritas
News

Battle Heats Up Over S.F. Landlord's Sale Of Huge Rent-Controlled Portfolio

... sale of the city's largest owner of rent-controlled housing. “Too much is at ... to just put this huge number of rent-controlled units on the market for the ... capital, think that they can push out rent-control tenants then sell the buildings for huge profits ...

Jan 28, 2020
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State Senators Defend Rent Reform Laws To CRE Industry As Criticism Continues
News

State Senators Defend Rent Reform Laws To CRE Industry As Criticism Continues

... of view, the industry’s chief criticism has been that rent control laws don’t address supply, which is badly needed ... Senior Vice President Robert Riggs said owners of rent-stabilized properties should take control of expenses in other ways than turning over ...

Aug 08, 2019
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REBNY's John Banks and James Whelan
News

John Banks Reflects On Rent Reform, REBNY's Role And CRE's Future In NYC

... through a time of enormous change. The rent regulations are considered to be hugely damaging. ... in things like when we opposed commercial rent control last fall at the city council. ... would look at the outcome of the rent regulation and think that's regretful. ...

Jun 26, 2019
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Apartment rents, Apartment For Rent
News

Universe Holdings' Henry Manoucheri Explains Why He Likes Buying Rent-Controlled Property

... may shy away from acquiring properties under rent regulations because of limits on profits and ... come up with their own version of rent control. We’re not buying in those areas ... or form and cities do bring back rent control across the board, you will see an ...

Oct 04, 2018
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Apartment rents, Apartment For Rent
News

These 10 Cities Experienced Large Apartment Rent Boosts In November

... Radbil tells Bisnow. "Renters and advocates have been pushing for rent control reform, as cited in numerous reports following the election. People ... the Bay Area are taking notice and the issue of rent control is becoming more serious in San Jose and San ...

Nov 23, 2016
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