Los Angeles Real Estate

L.A. County only gained 11,500 #jobs in August. See how #employment data shows recovery will continue to be slow: https://labusinessjournal.com//summer-jobs-data-paints-gr/

L.A.'s Al Fresco Program offers no-cost permits to local eateries to expand outdoor seating. But local restaurateurs say the process hasn't been easy. Read abou...t the creative and costly approaches some restaurants have taken to try to survive the pandemic: https://labusinessjournal.com//las-al-fresco-program-give/ See more

The delinquency rate on bank’s commercial real estate loans is at its highest point since 2015. The overall delinquency rate on bank CRE loans rose to 0.59 perc...ent at the end of the second quarter, up 65 percent from the prior quarter, according to a report from Trepp. While the figure is far below the peak of 9 percent at the height of the financial crisis, the uptick could indicate an impending wave of foreclosures over the next year or so. Read more: http://ow.ly/ogbh50BvtMF

Prop 15 won’t just affect commercial property owners

The residential real estate market :)

Do you agree on Prop13? Starting to assess commercial properties in California at current market value for tax purposes? Will change the real estate landscape if it passes...