Glendale’s Largest Affordable Housing Slated for a large parcel just south of the SR-134 freeway. An agreement struck between Glendale officials and two non-profit developers is expected to result in the construction of the largest affordable housing complex in the city’s history. Read Article On a Related Article A study found that there are more than 4,322 residential conversions scheduled to start work in the City of Los Angeles during 2022, highlighted by the upcoming adaptive reuse of the historic Hollywood Western Building into 79 income-restricted apartments. That is a sharp uptick from 2020, when Los Angeles saw 1,073 new homes created through conversions – good for fifth in the nation at the time.
Commercial Real Estate Update
Commercial Real Estate Update provided by George Khachatourian at GAOR Town Hall Meetings.
Workforce Housing Projects in Glendale and Pasadena Funded Through Cal Cities
Workforce housing properties were acquired by the cities of Glendale and Pasadena from the issuance of more than $481.5 million in tax-exempt Essential Housing Revenue Bonds through the California Statewide Communities Development Authority’s (CSCDA) new Workforce Housing Program. The projects will be converted to rent-restricted units for low and middle-income tenants. Read Full Article…
We Applaud Gov. Newsom For His Commitment to Rental Housing Providers
In a press conference this morning, Newsom announced that California will receive an additional $2.6 billion in rental assistance from the federal government. That brings California’s total federal rental aid to $5.2 billion. Read On…
Take BizFed’s Business Outlook & Reopening Survey Today!
It’s that time of the year again! BizFed has partnered with our 214 business organizations, Chambers of Commerce, Trade Organizations, and Non-Profits to survey the business community to find out what are the top areas of concern as our economy reopens. Your unique insight will guide our advocacy over the next 12 months. Help Provide Powerful Insight to Shape the Future of Business in LA County! Take the Survey Today! Importance of Taking the Survey! As a follow up to last years COVID-19 Business Impact and Reopening Survey and the Annual Pulse Poll, BizFed has combined the two polls to best understand what are the top 5 areas of concern for the business community, and most importantly, what have we learned over the past year during the pandemic. Last year we found that 50% of businesses lost over half of their projected income for the year in the first few...
University of Pennsylvania Housing Initiative Survey of 1300 Landlords in Los Angeles
University of PennsylvaniaContinue reading
Commercial Update Slides – GAOR Town Hall – 10-07-20
View Slides Presentation by George Khachatourian
Commercial Real Estate Update – Week of July 29, 2020
At this week’s GAOR Town Hall (July 29, 2020), George Khachatourian updates members on Commercial Industry trends in Glendale, surrounding communities, and Los Angeles in general. Click Here For Report
Commercial Real Estate Update – Week of July 6, 2020
At this week’s GAOR Town Hall (July 8, 2020), George Khachatourian updates members on Commercial Industry trends in Glendale, surrounding communities, and Los Angeles in general. Click Here For Report
Commercial Real Estate Update – Week of June 8, 2020
At this week’s GAOR Town Hall (June 10, 2020), George Khachatourian updates members on Commercial Industry trends in Glendale, surrounding communities, and Los Angeles in general. Click Here For Report