who is renting in Los Angeles

by Jodi Summers If you’re renting a well-priced rent control unit in Santa Monica, relish it, because reasonable rents have gone away. If you’re a landlord with a vacant unit by the beach…take pleasure. A recent report by Zumper and LA Curbed study concludes that downtown Santa Monica continues to be the most expensive place […]

by Jodi Summers Green loans have finally arrived for multifamily properties. Fannie Mae’s Green Rewards is a multifamily financing option that helps owners of apartment buildings and cooperatives invest in energy- and water-cost saving improvements. These investments should improve the value of multifamily properties and lower utility costs, saving money for both property owners and […]

energy efficient

edited by Jodi Summers Americans’ energy-conservation efforts -from switching bulbs to upgrading washing machines and air conditioners – have done more to reduce carbon emissions than the increased use of solar, wind and natural gas. Wait, this gets easier folks…metrics pouring in from utility and power grid managers in the U.S. are concluding that the […]


by Jodi Summers Capital Expenditures and Operating Expenditures are accounted differently. Capital Expenditures are one-shot improvements that are recouped over time. Routine Repairs is regular maintenance done to a property, which are paid for out of the annual operating expenditures budget. Let’s look at each in more details… CAPITAL EXPENDITURES Capital Expenditures are generally defined […]

freeze rent control 1978

by Jodi Summers Didja hear? The general adjustment in Santa Monica was .4%. That means, all landlords with rent control properties in the city by the sea can raise their rents 4¢ for every $10.00 in rent…meaning a rent rate of $1,500 goes to $1,506. Not bad if you’re a tenant, reason to buy elsewhere […]

New Multifamily Construction

by Jodi Summers Here are some statistics that don’t make Los Angeles proud…our City of the Angels has got the biggest disconnect between incomes and rents of anywhere in the country. Granted, we’ve made an effort. Between 1980 and 2010, Los Angeles County built the most out of any California county in the years. Despite […]