Glaser Property Management – June 2021 Newsletter
Dear Friends and Family, As the summer gets underway, the real estate industry looks to the future. California takes steps to address its housing affordability crisis with new legislative action, while also announcing a new budget to tackle a number of other issues. As the fall semester approaches for Southern…
Glaser Property Management – May 2021 Newsletter
Dear Friends and Family, The arrival of summer brings a new sense of (still cautious) optimism, for both the pandemic outlook and the real estate market. Rental prices in Los Angeles and other US cities are steadily increasing and returning to pre-COVID levels. However, there are some critical trends to…
Glaser Property Management – April 2021 Newsletter
Dear Friends and Family, As Los Angeles looks toward a full reopening in the summer, developers and investors alike are beginning to map out how living spaces – both on a macro and micro level – should look. The pandemic has brought permanent changes to what renters look for in…
Glaser Property Management – March 2021 Newsletter
Dear Friends and Family, As the COVID vaccine rollout accelerates and more people get their doses, there is much to be optimistic about. Rent prices in Los Angeles have hit a turning point and might increase as the pandemic winds down. The American Rescue Plan Act – the latest federal…
Glaser Property Management – January 2021 Newsletter
Dear Friends and Family, As the largest development opportunity in Santa Monica in a generation hits the market, investors can become the largest multi-family landlord in Santa Monica. SoCal multi-family prices have not seen a pandemic discount due to low interest rates keeping high prices stable. Apartment landlords are feeling…
Glaser Property Management – December 2020 Newsletter
Dear Friends and Family, As we close out the year and look toward 2021, we reflect on some of the important trends that the COVID-19 pandemic has brought to housing and our working habits. Multifamily investors and developers are shifting strategies for the new year, as Los Angeles remains steadfast…
Glaser Property Management – November 2020 Newsletter
Dear Friends and Family, As the Los Angeles multi-family market struggles to stay afloat, some investors see huge opportunity when the pandemic subsides. Rents in Los Angeles have decreased 7% since the start of the pandemic, but San Francisco rents have fallen a dramatic 21.7%. Multi-family landlords are keeping a…
Glaser Property Management – October 2020 Newsletter
Dear Friends and Family, As Los Angeles hotels struggle to stay afloat, these properties could become the next favorite asset class for apartment conversions. We take a deeper dive into Proposition 15 and the catastrophic effect it could have on the California real estate industry. COVID defies the classic real…