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Condo Associations Block Fast Investments

New regulations from condo associations throughout the city are aiming to stop investors looking to make a quick profit on rapidly appreciating values.

Jill Epstein Jill Epstein is a broker at Nourmand & Associates.

Condo associations in Los Angeles are combating investors looking for quick profits from rapidly appreciating values. Boards across the city are drafting new regulations that are aiming to stop short-term buyers and investors, according to Jill Epstein, an broker with Nourmand & Associates. We sat down with Epstein to talk about the new trend and the potential impact that these regulations may have on potential buyers.

GlobeSt.com: How have buyers looking for quick profits in real estate impacted the condo market?

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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