In recent market commentary posts we’ve discussed the emergence of new roles in the corporate world as indicators of what’s to come for office work. However, Goldman Sachs CEO David Solomon, stated
Vacant Commercial Properties to be Repurposed for Multifamily in LA
Affordable housing construction is very difficult to come by in Los Angeles where the nation’s highest home prices have created a polarizing picture of the Golden State. In recent developments, the LA
California’s Effort Against Homelessness is too Slow
The State of California is facing litigation because it hasn’t been able to ramify the inflating homelessness issue at the pace that it needs to. A number of cities across the state could see the same
Carried Interest Under Fire
Carried interest is a tax code that benefits equity managers but also partnerships that own commercial real estate, and it has remained in effect since 1954. The tax code is beginning to see continued
Head of Remote Work
‘Head of remote work’ is an emerging role among companies that will only make the real estate equation a little more complex for those who specialize in office-space. “It’s both a job title and a
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Prop 19 To Greatly Limit Parent-Child Exclusion
Prop 19, a property tax increase for real estate heirs, is seen as a simple “erosion” of Prop 13 and is on the horizon. Many outlets including WealthManagement.com report that this may have a serious
Industrial Sector Surges Despite Two Major Hurdles
The industrial sector is showing it will not waver despite facing challenges that are typically highly detrimental to other sectors. Industrial investors acknowledge that even with high-demand,
National Average Rent A Positive Sign for Multifamily Markets
Markets across the nation are entering ‘price-growth mode,’ leaving average rent for US apartments—in Jan. 2021—just 0.3% below the rates seen in early 2020. The nation’s average effective asking
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Opportunity Zone Investors Receive Another Two Months
The IRS decided last week to extend opportunity zone deadlines into March, granting OZ investors an extra two months to work their deal around. Several deadlines which were already assumed to have