Commercial Mortgage Debt Surges Amid Slow Loan Payoffs
In early 2024, despite fewer new loans issued, the total debt in the US commercial and multifamily mortgage market surged significantly, reaching $4.7 trillion.
Navigating SB 721 and SB 326: Ensuring Safe Balconies in California
To comply with California’s SB 721 and SB 326, inspections and repairs for balconies and other elevated structures in multi-family buildings with three or more units are required.
L.A. County Moves Toward Requiring Air Conditioning in Rental Housing
The L.A. County Board of Supervisors is advancing a proposal to mandate air conditioning in rental housing due to rising temperatures and extreme heat events.