PART III — WHAT SANTA ANA’S OWNERS LEARNED THE HARD WAY The Warning from Next Door Santa Ana’s rent control ordinance has been in force since November 2021 — long enough to produce a documented record of what ownership looks like on the other side of passage. That record is not composed of projections. It is institutional …
A realistic assessment of what is possible in 2026, what is probable by 2030, and what Santa Ana’s experience tells every Anaheim property owner right now. Yesterday in part 1 of our 4 part series, we went over the legislation currently being discussed in Anaheim – and its similiarity to initiatives passed in Santa Ana. …
A realistic assessment of what is possible in 2026, what is probable by 2030, and what Santa Ana’s experience tells every Anaheim property owner right now. (Part 1 of a 4 Part Series) Anaheim is not Santa Ana. Not yet. But the machinery that delivered rent control to Orange County’s second-largest city is now running …
Why rising operating costs—not interest rates—are quietly reshaping California portfolios Centennial Advisers Operating expenses on California multifamily assets are rising faster than rental income—and for many owners, the gap is now large enough to materially compress returns. For a $20M portfolio, even a 10–15% increase in operating costs can translate into a six-figure reduction in …
If you own commercial property in Colorado — multifamily, net lease, industrial, retail — and you have been waiting for the right moment to sell, this is the moment worth paying attention to. Not because of hype. Because of mechanics.
Here’s Why It Likely Fails. And Why You Should Still Pay Attention. Let’s be honest with each other. If you own commercial real estate in California, you’ve heard this conversation before. Proposition 13 is back in the headlines—this time driven by a renewed push to remove its protections for commercial property. The concept is straightforward: …
Here’s What It Exposes About Your Property. Let’s be direct. Los Angeles is delivering roughly 12,300 new apartment units in 2026—the largest wave of supply the market has seen in years. If you own multifamily here, you’ve probably already felt the instinct to brace for impact. But the number isn’t the problem. What matters is …
Los Angeles just handed $177 million to organizations that have sued the city — and the landlords who keep this city’s housing supply alive weren’t even in the room. Let’s be honest with each other. If you own rental property in Los Angeles right now, you already know something is fundamentally broken — not just …
Comparing Two Legislations That Impact California Investors More and more owners are beginning to learn about SB-721, more commonly known as the “Balcony Law.” Drafted in response to a tragedy in Northern California, it increases the likelihood structural issues are addressed before tragedy occurs again. This article is not to address the pros and cons …
Top NNN Retailers: Choices by Our Centennial Team Seniors When hunting for the perfect upleg, we go far and wide to seek the deal that will reap our clients the most benefits and align with a retailer that they enjoy. Beyond selecting top states to enter, we have our favorite retailers that we continuously recommend …