Commercial Real Estate Update

Commercial Real Estate Update provided by George Khachatourian at GAOR Town Hall Meetings.

Affordable Housing In Glendale

340-Unit Affordable Housing Development – Glendale’s Largest

Commercial Real Estate Update, Community Updates, Glendale City Govemment, Government Affairs

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.

Workforce housing projects in Glendale and Pasadena

​Workforce Housing Projects in Glendale and Pasadena Funded Through Cal Cities

Commercial Real Estate Update, Community Updates, Glendale City Govemment, Government Affairs, Industry Articles

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… 

BizFed LA County Survey

Take BizFed’s Business Outlook & Reopening Survey Today!

Commercial Real Estate Update, Industry Articles, Industry Trends

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...

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