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San Francisco apartments
News

Multifamily Sales In San Francisco Still Way Down Despite Recent Pickup

... of Proposition 21, which would expand cities' ability to enforce rent control and looms for CRE on the November ballot. Lee said ...

Oct 09, 2020
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Sacramento Capitol building
News

California CRE’s ‘No. 1 Target’ On The Ballot May Be A Close Call

... Is A Human Right and would allow cities to pass rent control laws on units at least 15 years old, appears to ...

Oct 01, 2020
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The 127-unit Patio Gardens in Long Beach sold for $51M
News

Long Beach Multifamily Property Sells For $51M

... over the Costa-Hawkins Rental Housing Act that limits rent control was escalating statewide, Long Beach saw a decline in ... multifamily assets being acquired in the market.  Long Beach rent control advocates did not gather enough signatures to place it on ...

Jul 12, 2018
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Housing Outlook Bleak For Massachusetts’ Low-Income Renters
News

Housing Outlook Bleak For Massachusetts’ Low-Income Renters

... of residential units low-income earners can afford without being rent-burdened (spending more than a third of their income ... units. Some state politicians have also weighed enacting statewide rent control, but developers have warned such a measure would be ...

Apr 04, 2019
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How An East Bay Multifamily Portfolio Just Sold For $658 Per SF
News

How An East Bay Multifamily Portfolio Just Sold For $658 Per SF

... February, according to property records. All 255 units are rent-controlled.  All four properties are within a few blocks ... redevelopment that would exempt them from rent control, according to Geraldo.  The Berkeley Rent Stabilization Board didn't reply to ...

Sep 15, 2019
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Multifamily, apartment renting
News

Apartment Rents Still Growing, But Not As Fast As Inflation

... than 4%. The report chalks up deceleration of rent growth to pressure from deliveries in most metros. ... in some cities for the sporadic return of rent strikes, the Washington Post reports.  Los Angeles ... , namely cities within California, for rent control.

Jun 05, 2018
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MYND Expands Into San Diego After Acquisition, Partnership
News

MYND Expands Into San Diego After Acquisition, Partnership

... ,” Brien said in an email. “It also does not have rent control, which adds a lot of complexity.” The San Francisco Bay ... Area has rent control, and going into a non-rent-controlled market as a second market was deliberate ...

Mar 08, 2018
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Congress
News

House Passes YIMBY Act, Aimed At Spurring Affordable Housing Development

... problem, including unprecedented federal intervention in the form of national rent control. There is a shortage of 7 million affordable housing units ...

Mar 09, 2020
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NYC skyline
News

Manhattan Investment Sales Slide Amid Political Uncertainty

... according to the report. “It’s rent regulations, Amazon, the talk of commercial rent control — there are a lot of issues swirling ... the market is in limbo until there is clarity on rent stabilization," said Hodges Ward Elliott Managing Director Daniel Parker ...

Apr 15, 2019
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Multifamily Investors Flock To Bay Area Assets Even With Several Challenges Looming
News

Bay Area Multifamily Investment Remains Strong Despite Threat Of Costa-Hawkins Repeal

...  also will have the opportunity to repeal limits on rent control, which would create much uncertainty across multiple markets. ... the act would enable municipalities to adopt more restrictive rent control measures in their cities, which in turn may negatively ...

Oct 04, 2018
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