girl beach suitcase

by Jodi Summers Owners beware: the multifamily sector has become increasingly vulnerable to legal issues stemming from Airbnb and VRBO rentals. The multifamily rental market, including lessees of apartment units, are omnipresent ghosts on the short-term housing submarket. Because of what is written in their leases, a tenant has no desire to herald to the […]


edited by Jodi Summers Those of you who are waiting for the Los Angeles apartment market to weaken may be waiting a long time. The world class desirability for the West Side of Los Angeles will continue unabated for the near future. According to Marcus and Millichap’s Multifamily Research Market Report, Second Quarter 2016, “Limited […]

hong kong heat island 2 pm 2 am

by Jodi Summers Here’s a new term for you – heat islands. An urban heat island (UHI) is a city or metropolitan area that is significantly warmer than its surrounding rural areas due to human activities. It is caused when heat is absorbed by the concrete and pavement of buildings and streets. And, as we […]

construction workers in the sunset

by Jodi Summers Why are Los Angeles multifamily properties the top investment choice among U.S. investors Robust  job  creation  and  economic  growth in Los Angeles County have created a vigorous  demand  for  multifamily  housing.  Overwhelmingly, residents are  choosing  to  rent  over  homeownership because of  the  extreme cost  of  a  single-family  home.  As a result, vacancy […]

West Hollywood Sunset blvd

by Jodi Summers The green, green land of West Hollywood is the place in LA to invest right now. In the first quarter of 2016, WeHo is seeing lower per-square-foot sale prices and asking rents than 1Q 2015. Sunset Blvd….Santa Monica Blvd. > West Hollywood benefits from a very dense, compact urban form with small […]

los angeles renter

by Jodi Summers If you own income properties in L.A., you’re enjoying escalating rents; compared to your tenants, you’re really lucky. In 2015, around the Los Angles metro, according to the MLS, rents rose 21.7%. Nationally, renters spent $535 billion on housing in 2015 — nearly as much as the total budget of the Department […]