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Opinion: More financing options for ADUs are needed

Housing Wire

A recent survey by Villa noted that some ~60% of rental tenants said that living in an ADU has allowed them to live in a neighborhood they would not otherwise be able to afford — that’s a big deal. Private sale In late 2023, one of the most significant shifts for California residents occurred as Governor Gavin Newsom signed AB-1033 into law.

Finance 459
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Don’t let COVID crisis mask affordable housing opportunity

Housing Wire

Reform zoning laws. Here again, the decentralized network of municipal law has handicapped the industry’s ability to respond to the pressing need for more affordable housing. Finally, we need to renovate our existing housing stock. Since we cannot create more land, the only alternative is to increase housing density.

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Biden unveils housing proposal that includes nationwide cap on rent increases

Housing Wire

Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation. Biden’s new plan would cap annual rent hikes at 5% for two years for landlords who manage 50 or more rental units, which the administration said would cover 20 million units, or roughly half of all rental units in the country.

Landlords 482
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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

comparable sales, income, and cost), there are many other elements that may apply based on the statutes, case law, and procedural rules in a given state. Before retirement in 2014, Leslie practiced law for 33 years, mostly with Faegre Baker Daniels (now Faegre Drinker), a law firm with national and international offices.

Appraisal 309
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Institutional SFR players are stuck in the doldrums

Housing Wire

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state.

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How To Find & Lease Commercial Space for Rent in 2022 [Full Guide]

The Robert Weiler Company

Rent relates to a short-term agreement between the owner of the commercial property and the renter (or tenant – basically, the individual that pays a fee to use property owned by the other party). A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. Compliance with Laws.

Tenants 144
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Investors’ Guide to Mixed-Use Property for Sale: Understanding the Live-Work-Play Hybrid [2021]

The Robert Weiler Company

For tenants, mixed-use space is commonly referred to as a live-work space. Diversity of tenants. Typically, a property owner who rents a standalone retail store or building risks a substantial decrease in revenue should they lose a tenant. What will attract and keep tenants in your mixed-use real estate development?

Investors 158