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CommercialFeaturedFinanceIndustry NewsResidential

Dueling Transfer Tax Measures Put Billions in California Real Estate Revenue on the Line

A Howard Jarvis ballot initiative and a last-minute legislative compromise, AB 736, are racing toward a June 25 deadline that will determine how...

construction figurines on top of a phone
CommercialFeaturedIndustry NewsLos AngelesResidential

Los Angeles Council Advances Four-Story Low-Rise Ordinance to Defer SB 79 Upzoning Until 2030

The Los Angeles City Council voted 13-0 to advance a new Low-Rise Ordinance that permits buildings up to four stories in 57 neighborhoods...

Los Angeles city hall
AECFeaturedIndustry NewsLos AngelesResidential

Los Angeles Mounts Three-Front Resistance to SB 79, Pushing Compliance to 2030

City Council’s Alternative Plan, an LA Metro Board exemption push, and a pending Senate carve-out bill combine to delay California’s flagship transit housing...

San Diego skyline
AECFeaturedIndustry NewsResidentialSan Diego

San Diego Caps SB 79 Reach to One-Mile Transit Radius as Statewide Upzoning Law Hits July 1

City Council’s unanimous vote defers stop-by-stop classification to SANDAG while phasing in exemptions for fire, flood, historic and low-resource areas. California’s most aggressive...

Sacramento
FeaturedIndustry NewsLos AngelesResidentialSan Diego

California’s AB 2074 Targets Downtown High-Rise Housing with $500MM Revolving Loan Fund

Assemblymember Matt Haney’s Downtown Revitalization Act would mandate by-right residential density near transit in cities of 400,000-plus, directly addressing office-vacancy-driven decline in downtown...

Skyline of Los Angeles with the railroad in the foreground
FeaturedIndustry NewsLos AngelesResidential

LA City Council Unanimously Approves Scaled-Back Density Plan to Delay State-Mandated Upzoning Under SB 79

Council selects least ambitious of three options, permitting 4-story buildings across 55 low-density zones while deferring broader transit-oriented development mandates until 2030. The...

Skyline of Los Angeles with palm trees in the foreground
AECCommercialHospitalityIndustry NewsLos AngelesResidential

Los Angeles City Council Approves 668-Unit Centro Westlake Tower Complex Above MacArthur Park Metro Station

Joint development between Walter J. Company and LA Metro advances one of the city’s largest transit-oriented mixed-use projects, bringing affordable housing, a 300-room...

California state Capitol in Sacramento
AECFeaturedIndustry NewsLos AngelesOrange CountyResidentialSan Diego

California’s Transit Housing Gambit: SB 79 Could Reshape Urban Development

Landmark legislation awaits Governor’s signature as state prepares to override local zoning near transit hubs After seven years of legislative battles and multiple...

Skyline of Los Angeles with palm trees in the foreground
AECFeaturedIndustry NewsLos AngelesResidential

LA Blocks State Bill to Build Housing Near Transit Stops, Defying Sacramento’s Development Push

LA’s narrow rejection of California’s SB 79 reflects a fundamental tension between local control and state intervention in addressing the housing crisis, with...

AECFeaturedIndustry NewsResidential

California Legislature Passes Two Housing Bills to Streamline Permitting Despite Local Opposition

In a move aimed at addressing California’s housing crisis, the State Legislature on Monday passed two bills, Senate Bill 423 and Senate Bill...

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