Los Angeles

The pandemic has catalyzed new demand for 500 million square feet of industrial space, but it will take years for the supply to catch up.

The joint venture, poised to invest up to $250 million to develop multifamily communities in Southern California with a focus on Greater LA, has already closed on land acquisitions in Burbank and West Hollywood.

Apartment owners are augmenting property management, business development and client service team.

The highly controversial bill has gone under further evaluation and will likely see amendments to better address concerns of stakeholders.

The local chapter of the Apartment Association is challenging the city's eviction ban, saying the ban forces landlords to "absorb the economic impact of the pandemic."

A flight to safety has driven demand for dollar stores. Since the onset of the pandemic, a team at James Capital Advisors has sold five.

Title 24 means integration between lighting and mechanical systems, and the code also will now specify how to go about selecting lighting controls, which will affect the total cost of the project, says Environmental Systems Design.

The apartment owner hasn't dropped renewal or new lease rates, but has increased up front concessions in select markets.