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This property on 11642 Kiowa Ave. in Brentwood recently sold for $4.25M.
News

Despite Costa-Hawkins, Multifamily Transactions Thrive In Los Angeles — For Now

... for $2.02M. The Brentwood property is subject to rent control. The Hollywood property is not. The transactions illustrate ... is a statewide law that prohibits cities from enacting rent control on apartments built after 1995, single-family residential homes ...

Jul 12, 2018
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NYC Landlords To Face Tougher Scrutiny Over Reporting Vacant Retail Space
News

NYC Landlords To Face Tougher Scrutiny Over Reporting Vacant Retail Space

... York City Comptroller Scott Stringer's office. Talk of commercial rent control has been circling over the last few years as a ...

Sep 30, 2022
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Protestors gathered in front of Blackstone Group's office in Santa Monica in support of a ballot initiative that would repeal Costa Hawkins Rental Housing Act.
News

‘This Is The Moment’: Tenant Advocates Look To Use Economic Pain To Make Gains

... pushing the Washington, D.C., Council for rent cancellation and expanded rent control going forward. Pressure on all levels of ... government is the heart of the cancel rent movement now ...

May 10, 2020
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Lori Lightfoot
News

CRE Leaders Say Mayoral Choice Remains A Toss-Up

... the state’s 20-year ban on any form of rent control, a measure supported by Gov. J.B. Pritzker, but passionately ... ban overturned, but has not endorsed any specific rent control proposal for the city. “Rent control is one area where we strongly agree with ...

Mar 28, 2019
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Bay Area Multifamily Confidence Wanes Among CRE Professionals
News

Bay Area Multifamily Confidence Wanes Among CRE Professionals

... in the next several years and the looming possibility of rent control, according to the team. Every six months, the ... appear to be falling. Pessimism also stems from potential rent-control legislation and soaring Bay Area construction costs, according to ...

Jul 30, 2019
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Muriel Bowser speaks during Bisnow's D.C. State of the Market event on May 11, 2022.
News

Mayor Muriel Bowser Wins D.C. Primary, All But Assuring A Third Term

... on building new housing while not expanding affordability covenants or rent control, something he pushed for on the D.C. Council. White ...

Jun 21, 2022
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Muriel Bowser and Robert White are the two leading candidates in the race for mayor of Washington, D.C.
News

EXCLUSIVE: Mayoral Contenders Muriel Bowser, Robert White Address The Issues Facing D.C. Real Estate

... empty offices into housing. White said he supports expanding rent control, while Bowser touted many of the programs her administration ... program a reality while exploring other options like expanding rent control. I also will invest in making sure Black ...

Jun 14, 2022
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People voting at a voting booth in Orange County, California
News

How California Voted On Propositions That Affect CRE

... Proposition 10: Expands Local Governments' Authority To Enact Rent Control On Residential Property  Vote results: Rejected 62% to ... expand local cities and authorities' ability to enact rent control. Currently, Costa-Hawkins prohibits cities and local ...

Nov 07, 2018
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construction, construction workers
News

Regulations Top 40% Of Total Apartment Development Costs, Report Finds

... 87.5% said they avoid building in a jurisdiction with rent control.  The survey broke down various kinds of added costs, including ...

Jun 10, 2022
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schilling
News

A Lot More Nerves About Chicago In 2020, But It Likely Won't Be All Doom And Gloom

... 1980s and continuing ever since, fueling movements to enact rent control. Shilling’s generally optimistic mood is not shared ... .” Shilling highlighted executives’ nerves about the possibility of rent control, but said the biggest concern is what will happen ...

Oct 17, 2019
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