The Los Angeles County Board of Supervisors has approved a local state of emergency tied to federal immigration policy. The California Apartment Association said the move could lay the groundwork for an eviction moratorium, which CAA opposes.
“This maneuver confirms precisely what CAA’s lawsuit seeks to prevent: the normalization of emergency powers as a political tool to suspend property rights whenever convenient,” wrote Whitney Prout, EVP, legal affairs at CAA. “If every economic or social disruption is enough to trigger emergency eviction bans, then the constitutional protections for property owners are not just weakened — they are effectively optional.”
The association has been pursuing a federal lawsuit against Alameda County over its COVID-era eviction moratorium for nearly four years. “Los Angeles County’s latest action underscores why this legal fight is essential — not just for one jurisdiction but for every rental housing provider in California,” Prout wrote.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 units nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
Learn more
Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
Learn more
Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
Learn moreRe/Max Real Estate Professionals
Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California