How San Diego hacked California housing law to build ADU ‘apartment buildings’ – OCRegister

In the minds of most Californians, accessory dwelling units — ADUs, short — bring to mind words like “small,” “subtle” and “cute.” None of which describe the side-by-side ADU duplexes on E Street. Perched at the edge of San Diego’s desirable Golden Hill neighborhood, there’s nothing dainty or diminutive about these three-story structures. “Backyard cottage” […]

How San Diego hacked California housing law to build ADU … – OCRegister

In the minds of most Californians, accessory dwelling units — ADUs, short — bring to mind words like “small,” “subtle” and “cute.” None of which describe the side-by-side ADU duplexes on E Street. Perched at the edge of San Diego’s desirable Golden Hill neighborhood, there’s nothing dainty or diminutive about these three-story structures. “Backyard cottage” […]

Southern California real estate jobs grow at double the seasonal pace – OCRegister

Southern California real estate bosses added 10,200 jobs in October — a hiring rate that was 139% faster than the pre-pandemic seasonal norm. My trusty spreadsheet found property-linked employment in Los Angeles, Orange, Riverside and San Bernardino counties hit a post-Great Recession high of 805,200 in October 2023 – up 10,200 for the month. In […]

How San Diego ended up with ADU “apartment buildings” – CalMatters

In summary A 2021 state law has radically changed the housing equation in San Diego. Advocates, developers, and policymakers are split on whether it should be exported to other jurisdictions. In the minds of most Californians, accessory dwelling units — ADUs, short — bring to mind words like “small,” “subtle” and “cute.” None of which […]

AHF Accuses Apartment Industry Group of Antisemitism – The Real Deal

Los Angeles-based AIDS Healthcare Foundation, a sponsor of the Justice for Renters Act on next year’s state ballot, accused the California Apartment Association’s political communications of antisemitism. In a full page ad  published Nov. 24  in Jewish News of Northern California, the non-profit and activist organization- accused CAA of referring to AHF co-founder and President […]

Modular Building Startup Veev is Shutting Down – The Real Deal

Once a darling of the startup world in the construction sector, Veev is shutting down. Employees of the modular construction company were informed of the impending closure over the weekend, Calcalist reported. The California-based proptech company told its staff that the last-minute cancellation of a capital-raising initiative left it without funding necessary to continue. In […]

Hines Acquires 1M SF Chicago Industrial Campus – Connect CRE

Hines, a global real estate investment, development, and property manager, has acquired the Chicago Prime Portfolio, a two-building, 1.1 million-square-foot industrial campus located at 4700/4800 Proviso Drive and 5000 Proviso Drive in Melrose Park. Hines will serve as the property manager for the portfolio and intends to implement a strategic value-add capital improvement plan at […]

USC Forecast Predicts Rising Rents and Commercial Real Estate … – The Pride LA

Report Sparks Concerns for Real Estate Development in Southern California By Dolores Quintana  The University of Southern California’s Lusk Center for Real Estate predicts an upward trajectory in multifamily rents across Southern California over the next two years, signaling potential hurdles for commercial real estate financing. The 2023 USC Casden Real Estate Economics Forecast analyzes […]

USC Forecast Predicts Rising Rents and Commercial Real Estate … – Westside Today

Report Sparks Concerns for Real Estate Development in Southern California By Dolores Quintana  The University of Southern California’s Lusk Center for Real Estate predicts an upward trajectory in multifamily rents across Southern California over the next two years, signaling potential hurdles for commercial real estate financing. The 2023 USC Casden Real Estate Economics Forecast analyzes […]

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