LA Seismic Retrofit Resource Fair another fair on April 18^th Partner also recently hosted a webinar about the LA Seismic Retrofit Ordinance to help those affected address new requirements as efficiently as possible. The webinar clarified specifics of the ordinance, various compliance options and available financing mechanisms, and can now be watched on demand free-of-charge via our website. During the webinar, we received several great questions, which readers may find helpful: Q: How did pricing for retrofits change from the 2013 implementation of the statute in SF? Q: Have there been any studies on how the costs associated with compliance with LA's seismic ordinance might be passed on to tenants in the form of increased rents? reached a middle ground solution There are currently no other City incentives being offered to property owners to offset the cost of LA's Seismic Retrofit Ordinance. Q: How will the ordinance be addressed in due diligence reports? online database search" Soft-story Retrofit program a complete list Q: To be sure, can you detail the timeline for compliance again? ordinance 183893 ordinance 184081 Mandatory Retrofit Program website About Jay Kumar, PE Jay Kumar, PE, serves as Technical Director of the Structural Engineering Group at Partner Engineering and Science, Inc. Based in Los Angeles, Jay has over 10 years of experience in structural engineering, seismic design and construction management. Jay's areas of focus have been structural forensic investigations, structural and seismic analysis and of course seismic risk consulting for property owners, investors, brokers and lenders around the country.

Instant Insights /

Answering a Few Questions about LA's Seismic Retrofit Ordinances

Related Stories

Recommended For You