The ADU Parking Tradeoff in LA Multifamily A lot of LA multifamily owners are adding ADUs right now, but there’s no clear consensus on the best strategy. I’m seeing two very different approaches: Some owners are eliminating parking entirely to maximize unit count Others are adding a few ADUs while preserving most of their existing parking There’s no “right” answer. It’s a classic short-term vs. long-term tradeoff. Short term: Units without parking are generally harder to leas

One thing I don't think enough people are talking about: The buyer pool for LA multifamily may be considerably bigger in the next 6 to 18 months. Once the lock-up periods expire and liquidity events occur at companies like SpaceX, Anthropic, and OpenAI, there will be a massive amount of new wealth created, especially here in California. If you're a tech employee who suddenly has a few million dollars of liquid net worth, LA multifamily starts to look pretty attractive. You ca

Fed takes second step on gradual rate-lowering path. After reducing the overnight lending rate by 50 basis points in September, the...

Discrepancies cloud employment data. October’s atypically low job creation total of 12,000 is largely the result of sector hiring...

Labor market flexes renewed strength. Following three straight monthly gains below 160,000 new jobs, national employment rose by 254,000...

Labor market moving closer to equilibrium even amid strong hiring. Total employment increased by 272,000 in May, coming in above the...

Commercial Real Estate Market Overview Despite challenges posed by rising interest rates since March 2022, the commercial real estate...

Inflation Trends Cloud Fed's Path Still-elevated inflation is leading Wall Street participants to delay expectations for the Federal...

Rising Unemployment Releases Pressure on Inflation Employment growth accelerated in February with 275,000 jobs created, yet the...

Inflation metrics are showing a mixed picture, with the headline Consumer Price Index (CPI) rising 3.1 percent over the year ended...

As we step into a new year, understanding the intricacies of the labor market is pivotal for grasping broader economic trends. In this...

Understanding the dynamics of job growth, interest rates, and real estate trends is essential for navigating today's complex economic...

As we navigate the ever-changing economic landscape, understanding key indicators like inflation and housing dynamics becomes crucial. In...

As we find ourselves in the midst of 2023, economic indicators are shedding light on the state of employment, real estate, and potential...

The real estate market continues to be a hot topic in mid-2023, with sellers maintaining the upper hand due to a shortage of housing...

Los Angeles Multifamily Market Update March 2023 By: Jason Tuvia Where are Interest Rates Now for LA Multifamily? Many lenders have...

Softening economic data warrants less-assertive rate increase. The Federal Reserve has extended its tightening cycle into 2023 by raising...

December 2022 By: Jason Tuvia How High are Cap Rates on LA Rent Control Multifamily? Within the past 90 days throughout all of Marcus &...

Hiring continues, but signs of slowdown emerging. The labor market welcomed 263,000 new jobs in September, above the long-term monthly...

Home purchases and prices stay on the descent. In the wake of the Federal Reserve’s fifth interest rate hike so far this year, borrowing...