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November 2021 LA Multifamily Update
For the majority of LA apartment brokers, the past 2 quarters have been extremely active. Investors are still finding good reasons to...

Jason Tuvia
Nov 22, 20213 min read


Employment Market Firms Amid Wane in Infections; Winter Headwinds Present
Job creation picks back up. After a slowdown in August and September, hiring improved in October as 531,000 personnel were added to...

Jason Tuvia
Nov 8, 20212 min read


Housing Construction Pushes Toward a Record; Still Not Enough to Meet Demand
Tight multifamily vacancy supports permit surge. Across the residential sector, permit activity climbed in August. The rise was mostly...

Jason Tuvia
Oct 18, 20212 min read


Job Creation Lifts Rental Demand; Los Angeles Fundamentals Returning to Pre-Pandemic Levels
Leasing activity elevates to 15-year high. After the initial months of the health crisis, Los Angeles County has consistently registered...

Jason Tuvia
Sep 28, 20211 min read


Delta Variant Stalls Service-Related Hiring; Rising Wages Pose New Challenges
Health concerns slowed hiring last month. Job creation declined substantially in August as 235,000 positions were added, down from the...

Jason Tuvia
Sep 2, 20212 min read


Easing Lumber Prices Allow Projects to Push Forward; Seller Activity Increases
Completions climb to a three-month high. Builders finalized more single-family and multifamily housing units combined in July than in...

Jason Tuvia
Aug 29, 20212 min read


Rise in New-Home Listings Does Little to Relieve the Supply-Demand Imbalance
Listings of newly built homes prop up for-sale inventory. The number of single-family houses available for purchase grew by 3.8 percent...

Jason Tuvia
Aug 11, 20212 min read


Demand Surging as Hiring Momentum Fuels Household Creation; Downtown and Luxury Apartments Energized
Job openings unleash household formation. The pandemic disrupted the pipeline of young adults graduating and finding in-office jobs,...

Jason Tuvia
Jul 25, 20217 min read


Apartment Rents Are Rising In Nearly Every Major US City Amid a Housing Shortage
With Renters ‘Chasing Fewer Apartments and Fewer Homes,’ Pricing Power Shifts Toward Landlords Apartment owners and landlords in major...

Jason Tuvia
Jul 23, 20213 min read


Hot Housing Market Spills Over Into Multifamily Rentals
Pandemic heightens changes in lifestyle. The leading edge of the 72 million millennial cohort began to age into the homebuying stage of...

Jason Tuvia
Jul 1, 20212 min read


Small Apartment Buildings Attract Big Interest From Investors
Mega projects and multimillion-dollar multifamily sales may make headlines, but a large portion of the real estate market in Los Angeles...

Jason Tuvia
Jun 29, 20211 min read


Downtown Los Angeles Condo Project Lands $45M in Financing
The 77-unit Little Tokyo development features a rooftop amenity area, as well as ground-floor retail. Developer ETCO Homes has received...

Jason Tuvia
Jun 29, 20211 min read


The 5 Things Every Multifamily Investor Needs to Consider This Year
The Pandemic and Economic Outlook Pandemic: The economic recession was driven by the COVID-19 pandemic, and as a result, a medical...

Jason Tuvia
Jun 15, 20219 min read


Surging Prices, Supply Shortages Have Impacts Beyond Housing Segment
Restrained stock and rising costs pose challenges for developers. Over the past year, a lack of available building materials and skilled...

Jason Tuvia
Jun 4, 20212 min read


Investor Optimism Compressing Cap Rates for Properties with Performance Durability, Strong Recovery
Health and economic outlooks improving. Multiple factors point to an economy that is firmly in recovery as vaccinations continue. A...

Jason Tuvia
May 12, 20213 min read


Lack of Supply and Rising Costs Impede Path to Homeownership
Supply of homes on market tightens. The number of existing houses listed for sale retreated 32.6 percent year over year in February, the...

Jason Tuvia
Apr 2, 20212 min read


Market Update: What is in Store for Los Angeles Multifamily in 2021?
Through the first quarter of this year, we have seen many different investor profiles actively purchase both value-add opportunities and...

Jason Tuvia
Mar 29, 20213 min read


Stimulus Aims to Support Unemployed, Jump-Start Economy
American Rescue Plan Act signed into law. The latest round of stimulus, at $1.9 trillion, is the second largest package ever passed by...

Jason Tuvia
Mar 15, 20211 min read


Congress Passes $1.9 Trillion Stimulus Bill to Carry U.S. Economy Through the Health Crisis
American Rescue Plan (ARP) touches all parts of the economy. The $1.9 trillion spending bill includes funding for individuals, states...

Jason Tuvia
Mar 6, 20212 min read


Warehouse Owners May Feel Less Pain in Virus Pandemic Than Other Landlords
State of the Market Video: Shutdown Hastens Move Toward E-Commerce, At-Home Delivery Warehouse owners may fare better than other...

Jason Tuvia
Apr 27, 20202 min read
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