News & Analysis as of

California Real Estate Market

Allen Matkins

What kinds of assets are investors targeting in today’s shifting political and economic climate?

Allen Matkins on

“I am seeing continued enthusiasm for existing multifamily assets – particularly those with a value-add opportunity. Although renovations are expensive, the improvement of an existing multifamily asset provides investors with...more

Buchalter

Vacancy Tax on Commercial Property Proposed in California

Buchalter on

A recent bill introduced in the California State Senate would impose a tax on commercial buildings that have prolonged vacancies. Authored by California State Senator Caroline Menjivar, SB 789 is intended to discourage...more

The Estate Lawyers

More Primary Residences Will Soon Be Eligible to Bypass the Full Probate Process in California

The Estate Lawyers on

California’s Assembly Bill 2016 – which goes into effect April 1 – introduces significant positive changes to the probate process, particularly for primary residences. The law raises the value threshold for primary residences...more

JUSTICENTER

What Are The Safest Neighborhoods In Encino, CA?

JUSTICENTER on

No one wants to live in a neighborhood that feels dangerous, where the risks of property damage and personal injury are higher than average. While the area is known for beautiful beaches and celebrity sightings, some areas...more

Allen Matkins

Inflation and Rising Costs Won’t Slow Multifamily Momentum

Allen Matkins on

Vacancy rates across the state are showing improvement, particularly in San Francisco, which reflects California’s housing shortage. Demand also remains strong, and supply is growing, suggesting confidence in the sector...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (2/5/25) – The Effect of Trump’s Policies on the Housing Market, Property Value Loss in...

In our latest roundup, Southern California wildfires impact supply chain, higher material prices threaten future project demand, commercial real estate distress strains regional banks, and more!...more

Ballard Spahr LLP

Led by California MBA, five banks provide mortgage relief for fire victims

Ballard Spahr LLP on

Led by the California Mortgage Bankers Association, five lenders have made commitments to provide mortgage relief for the victims of the California wildfires....more

Brownstein Hyatt Farber Schreck

California’s New Requirements for Buyer-Broker Representation Agreements

As of Jan. 1, 2025, California law mandates a written buyer-broker representation agreement for buyer’s brokers to receive a commission in real property sales. The new law applies to sales of all property types, including...more

Husch Blackwell LLP

Essential Resources for California's Commercial Real Estate Landlords and Tenants

Husch Blackwell LLP on

When the damage is finally assessed, the January 2025 wildfires in Southern California will likely be the costliest blaze in U.S. history, and no doubt real estate will comprise a major component of those assessments....more

Sheppard Mullin Richter & Hampton LLP

State of Conversion: Update on Adaptive Reuse and Conversion Legislation

Earlier this year, our article in the Spring 2024 issue of NAIOP Commercial Real Estate Development Magazine touched on some of the challenges of and tools for adapting underutilized commercial spaces and property for...more

Allen Matkins

Superior Court Ruling: Charter Cities Not Subject to SB 9

Allen Matkins on

On April 24, 2024, a Los Angeles County Superior Court ruled that Senate Bill (SB) 9 does not apply to charter cities because it violates the authority granted to charter cities by the California Constitution to manage their...more

ArentFox Schiff

Legal Considerations for GCs and CFOs in the Fashion and Retail Industry in 2024

ArentFox Schiff on

The fashion and retail industry experienced another year of considerable change in 2023. As advancements in artificial intelligence (AI) spurred innovation within the industry, consumers and regulators worldwide called for...more

Coblentz Patch Duffy & Bass

2023 Reduction In Property Taxes (Prop 8)

Office vacancies have caused the values of Bay Area commercial real property to significantly decline in 2022. The value of real property that is used to determine the property tax assessment for the 2023-2024 fiscal year...more

Coblentz Patch Duffy & Bass

What We’re Reading, Watching, and Listening to: June 2023

A roundup of news and multimedia from the Unfamiliar Terrain team: San Francisco - The Luxury Shopping Oasis Emerging in San Francisco’s Struggling Downtown (Wall Street Journal): Although local foot traffic may be down,...more

Coblentz Patch Duffy & Bass

Mayor Breed Issues Executive Directive to Address City’s Housing Crisis

In an Executive Directive dated February 7, 2023, Mayor London Breed declared that “San Francisco needs to fundamentally change how we approve and build housing.” The Directive, titled “Housing For All,” comes on the heels of...more

Cozen O'Connor

Cozen Cities - December 21, 2022

Cozen O'Connor on

LOS ANGELES — Proposition 22: California Gig Companies, Workers Get Their Day in Appeals Court- For more than a year, the California voter-approved gig economy law known as Proposition 22 has hung in the balance after a...more

Greenberg Glusker LLP

[Webinar] Key CA Environmental Regulatory Developments that May Impact Your Real Estate Assets or Investment Opportunities -...

Greenberg Glusker LLP on

This presentation will focus on revised vapor intrusion guidelines and the proposed listing USEPA of PFAS (forever chemicals) as a CERCLA hazardous substance....more

Greenberg Glusker LLP

A Growing California Trend? A Guide to Real Property Transfer Tax Hikes

Greenberg Glusker LLP on

In addition to navigating through the uncertainty of current economic forecasts, real estate professionals should also be aware of a growing trend in the Golden State: real property transfer tax hikes. Recently, many...more

Perkins Coie

2021 Land Use and Development Case Summaries

Perkins Coie on

Below are summaries of the key California and Ninth Circuit land use and development law cases decided in 2021. 1. Planning and Zoning - CHEVRON v. COUNTY OF MONTEREY 70 Cal. App. 5th 153 (2021) - A county ordinance...more

Allen Matkins

Mountebanks Target California Real Estate Professionals

Allen Matkins on

The telephone and Internet have replaced a bench or soapbox as the modern tools of cozenage.   Last week, the California Department of Real Estate issued this alert about a new scheme designed to separate brokers and...more

Miller Starr Regalia

A Whole New Ballgame: What The Housing Crisis Act Of 2019 (Sb 330) Means For Housing Developers, Local Governments, And Go-Slow...

Miller Starr Regalia on

A new set of ground rules for processing and approval of residential development projects has found its way into law and became effective January 1, 2020. The “Housing Crisis Act of 2019,” sponsored by State Senator Skinner...more

Holland & Knight LLP

Hardship on Both Sides: COVID-19 Impacts Multifamily Property Owners as Well as Their Tenants - Part 3: A New Regulatory Climate...

Holland & Knight LLP on

There is an interplay between local efforts such as the new City of Los Angeles residential eviction moratorium ordinance (see Part 1 of this Breaking Ground Blog series, "City of L.A.'s New Ordinance Foretells More Trouble...more

Buchalter

Buchalter Client Alert COVID-19: Judicial Council Enacts COVID-19 Emergency Rules Preventing Unlawful Detainers and Staying...

Buchalter on

On Monday, April 6, 2020, in an Emergency Meeting to address issues arising from the COVID-19 Crisis, the Judicial Council enacted emergency rules that protect tenants and borrowers by temporarily preventing California courts...more

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