I love LA’s weather. It’s sunny practically all the time, it barely rains, and snowflakes are almost mythical. But do you know what I hate? Getting into my car when it’s been sitting out in the sun. The feeling of the hot air hitting my face makes me loathe the drive ahead, which isn’t good…
One of the highlights of my month is visiting the in-laws with my wife. It’s not just because I actually do have a good relationship with her mother, it’s also so I can have a peek around their apartment complex. I always find it fascinating to see what improvements, if any, have been completed. I…
According to Estately, San Diego is officially the second most dog-friendly city in the country, and for good reason: the city is awash with dog-friendly amenities, from restaurants with outdoor courtyards and doggie bowls to the city’s annual surf dog competition. At this point, dog-friendly housing in San Diego is standard, and because of that,…
I had an email waiting for me one morning last week from a prospective client who had received notice from City Council that his apartment block required earthquake retrofitting. He confessed that he was unsure about his property’s future and was at a bit of a loss. It would be the first piece of major…
When I started thinking about what amenities people who work in tech might look for in apartment homes, I asked a friend who’s been working in the video game industry for years. “High-speed internet!” he said. “Coffee makers! Vegetables! Arduinos or Raspberry Pis! How many more great ideas do you need?” While I think most…
In Los Angeles, the multifamily rental market can be ruthless. LA is something of an anomaly when compared to the rest of the country—despite a major increase in multifamily construction, the market remains competitive, with vacancy rates as high as 96.3%, and an expected 6% rise in rent over the coming year. It’s one of…
For a long time, the phrase “downtown LA” was not just an oxymoron but an outright contradiction. While there was a downtown, it wasn’t centralized like in most cities. It was scattered. But that’s changed… a lot. New construction and new residents have been pouring in, and it has become a place of multiuse, multifamily…
For owners and operators of multifamily buildings across the country, the future isn’t looking as promising as it has over the last few years. That’s not to say it’s looking bad; there is still high demand, particularly in booming urban areas, but the bullishness of the market is slowing down. Experts predict a general loosening…
Here’s something you might not have considered for your unit turn, but now that you have some empty spaces you should really give it some serious thought: adding a state-of-the-art HVAC system. I’m sure you have a long checklist of things to do, and I can understand the hesitation of taking on another expense, but…
Because of the wave of foreclosures that swept through the country in 2008, along with high rates of sustained unemployment, more people are renting than ever before. Once upon a time homeownership was a right of passage, as young professionals began starting families and locking down careers. But that’s all changed. Now, apartment living is…
