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Labor Market Tightens Further, Fostering Upward Pressure on Wages, Interest Rates
In rare feat, unemployment drops below 4 percent. Employers added 199,000 personnel to payrolls in December, below the 2021 monthly...

Jason Tuvia
2 min read


Multifamily Developers to Plug Some Holes in the Housing Shortage in 2022
Swell in homebuying inflames shortfall. In late 2021, the single-family housing landscape mirrored the conditions witnessed earlier in...

Jason Tuvia
2 min read


Record Year for Job Growth Ending on Slower Note As Labor Slack Tightens
Lackluster employment growth a sign of tight labor market. Employers added 210,000 personnel in November, below this year’s monthly...

Jason Tuvia
2 min read


Marcus & Millichap Taps Luchs as Regional Manager of Ontario Office
Multifamily Investment Broker Takes Greater Leadership Role Commercial real estate investment services firm Marcus & Millichap has named...

Jason Tuvia
1 min read


How Baby Boomers, Retailers, Banks May Change Commercial Lending This Year
Some of the industry's top commercial real estate mortgage bankers expect business to stay just as strong in 2019 as the past two years...

Jason Tuvia
3 min read


Glendale Landlords to pay Relocation Fees When Hiking Rents
It’s not rent control, but it’s similar. In Glendale, where close to two-thirds of residents are renters, landlords will soon face new...

Jason Tuvia
2 min read


4,600 ‘Soft-Story’ apartment buildings still need earthquake Retrofits
Most of the apartments damaged and destroyed in the Northridge quake were in these dingbat-style buildings. Los Angeles city officials...

Jason Tuvia
1 min read


California Sues Huntington Beach Over Lack of Affordable Housing
As Californians deal with a housing crisis driven by increasing costs and limited development, the state’s new governor, Gavin Newsom,...

Jason Tuvia
4 min read


Los Angeles Miracle Mile Set to Undergo Makeover
Bulldozers are expected to start tearing up a parking lot along a palm tree-lined stretch of Los Angeles' Wilshire Boulevard known as the...

Jason Tuvia
4 min read


Property Sales in Opportunity Zones Grew 12 Percent in 2018
Industry Hopes for New Surge Once Government Shutdown Ends, Rules Are Released. Sales of commercial properties in so-called Opportunity...

Jason Tuvia
3 min read


Creditors Claim Sears Holdings is a Lost Cause, Blame ESL, Lampert for Downfall
In a scathing court filing, a group of unsecured creditors contested the proposed sale of bankrupt Sears Holdings to its chairman Eddie...

Jason Tuvia
4 min read


Possibility of the Fed Pausing on Interest Rate Hikes Is Good News for CRE
If the Fed pauses on rate hikes in 2019, commercial real estate will continue to see an abundant flow of capital. Federal Reserve...

Jason Tuvia
4 min read


California Affordable Housing Project May Hold One Answer to Worst US Housing Crisis
Incoming Gov. Gavin Newsom Hopes to Overhaul the Economics of Building Low, Medium-Income Housing. Three developers are preparing to...

Jason Tuvia
4 min read


Infrastructure, Real Estate to remain high on Investor lists in 2019
Real estate and infrastructure are expected to remain the most popular of all the real asset sectors in 2019, despite increasing leverage...

Jason Tuvia
3 min read


Housing Woes Lift Outlook for Apartment, Home-Rental Stocks in early 2019
Rental Boom Growth in rental housing has far outstripped owner-occupied properties since the crisis. U.S. households by property type,...

Jason Tuvia
3 min read


Multifamily Sales Volume Reaches Record Quarterly High in Southern California's Inland Empire
What a difference a quarter makes. Sales of apartments in Southern California's Inland Empire area had slowed considerably heading into...

Jason Tuvia
2 min read


Value-Add Multifamily Properties Outside Los Angeles Downtown Attract Investors
Investors are expected to buy more than $10 billion in multifamily properties in Los Angeles in 2019. In Downtown Los Angeles, apartment...

Jason Tuvia
3 min read


Hollywood Development Plan Focuses on Subways to Cut Traffic
The iconic Hollywood Hills, made famous for their open spaces surrounding the well-known Hollywood sign, would be preserved through the...

Jason Tuvia
4 min read


California Lawmaker Resumes Push for Housing Near Transit Stations
California State Sen. Scott Wiener is reviving legislation aimed at easing a deepening housing crisis by overriding local laws to allow...

Jason Tuvia
4 min read


Rent Control Advocates Continue Battle, Despite Defeat of Proposition 10
Failure of California’s proposition to strengthen rent control measures hasn’t discouraged rent control activists in other states....

Jason Tuvia
4 min read
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