Economy

With rent control voted down and projected 4.8% rent growth, Long Beach investment activity has picked up.

It will be a very big week for earnings reports, and they will be better than expected, and will show extremely strong revenue and earnings continue to be generated.

Since 2010, over 4,000 multifamily units and 22,000 single family residential units have been delivered to the City of Redmond, with an additional 1,300 units currently approved and permitted.

Prepayment penalties are tax deductible in California and at the federal level, and refinancing early could be a good deal for a borrower.

The office vacancy rate remained relatively flat in the second quarter, but new office product is being absorbed.

IndieBio is receiving $25 million in state support to boost life science start-ups and the local economy.

In one case a developer said it was using drones to survey property to make up for the lack of skilled workers.

As of the third quarter 2017, 52% of the speculative space delivered since 2013 had been leased, according to Colliers, and this figure increased to 62% by the end of June 2018.