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Los Angeles city hall
FeaturedIndustry NewsLos AngelesResidential

Bass Concedes LA Mayor’s Race to Nithya Raman, Putting Measure ULA Relief Back on City Hall’s Agenda

Mayor Karen Bass conceded the Los Angeles mayoral race to City Council Member Nithya Raman on Thursday, handing City Hall to a candidate...

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AECFinanceIndustry NewsLos AngelesResidential

Prop. 1’s $11.25B Housing Bond Passes, Offering a Lifeline to 9,533 Stalled Affordable Units in L.A. and Ventura Counties

California voters approved Proposition 1's $11.25 billion housing bond, a cash infusion that could restart thousands of shovel-ready affordable apartments across Los Angeles...

apartment building
FeaturedIndustry NewsOrange CountyResidential

Santa Ana Rent Control Accelerated Rent Growth in Regulated Units, Beacon Economics Study Finds

Rents in Santa Ana's rent-stabilized apartments grew faster than those in the city's newer, unregulated buildings after the city's 2021 Rent Stabilization Ordinance...

Long Beach with the marina in the foreground
AECCommercialIndustry NewsLos AngelesResidential

Shomof Group Files to Convert 480,000-SQFT Landmark Square Office Tower Into 391 Residential Units in Long Beach After $50MM Acquisition

The proposed adaptive reuse of the 24-story tower at 111 West Ocean Boulevard follows a 63 percent price markdown and joins a growing...

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