Tax Attorneys Expect A Wave Of Coronavirus Tax Appeals

National May 5, 2020 Jonathan Berr, Bisnow Philadelphia and New Jersey Commercial property owners are gearing up to challenge the tax valuations of their investments in numbers not seen since the economic downturn last decade, according to interviews with tax attorneys who specialize in these cases. If successful, these appeals could cause major pain for…

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New Government Rules Will Force Landlords To Negotiate With Tenants

 27 April 2020 Mike Phillips, Bisnow London Last week the government introduced new rules prohibiting commercial landlords from using the courts to try and force tenants to pay rent for the next 90 days, as businesses try to negotiate the fallout of the coronavirus pandemic. The property industry has pushed back against the measures, saying that…

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L.A. allows tenant suits for evictions

BY EMILY ALPERT REYES Tenants will soon have the right to sue landlords who violate restrictions that Los Angeles has placed on evicting renters during the coronavirus crisis, under a law passed Wednesday by the City Council. Renters could potentially win penalties of up to $10,000 per violation — or $15,000 per violation if the…

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Sen. Julia Salazar proposed a bill that sounds a lot like universal rent control. But the measure isn’t technically about that.

The legislation is about preventing wrongful evictions, but a clause in the measure bars landlords from kicking out a tenant whose rent was increased by an “unconscionable” amount. That means eviction based on nonpayment of a rent increase of more than 150 percent of the regional Consumer Price Index (about 3.3 percent this year), would…

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The Pandemic Is Changing How The Next Wave Of Apartment Amenities Will Be Designed

NationalMultifamily May 4, 2020 Dees Stribling, Bisnow National The coronavirus pandemic is forcing a rethinking of the multifamily amenities so important to attracting and keeping tenants in apartments over the last decade. Courtesy of Meshberg Group The coworking space at Wynwood 25, a 289-unit apartment development in Miami completed in 2019. The challenge now is to…

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New Must-Haves for Real Estate? Touchless Access, Turbo Wi-Fi And Virtual Reality

 Los Angeles Technology May 8, 2020 Joseph Pimentel, Bisnow Los Angeles Virtual reality tours, supercharged WiFi and touchless access in buildings are among several tech features that will be more prominent in a post-coronavirus environment, experts say. Bisnow/Joseph Pimentel Brookfield’s Bank of America Plaza in downtown Los Angeles As property owners grapple with how to do business…

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The LA Deal Sheet Los Angeles Deal Sheet

May 5, 2020 Joseph Pimentel, Bisnow Los Angeles In a $100M deal, Capri Capital Partners has sold the Baldwin Hills Crenshaw Plaza to the CIM Group. CIM is acquiring most of the 869K SF property, including the mall’s two vacant Sears and Walmart big-box stores, but not the Macy’s store or an IHOP, according to the LA…

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