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A new state law that allows denser housing development near major transit stops goes into effect in July, opening the door to construction of more than 1 million new units in California’s urban centers. The law forces cities to approve talle...
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Finishing first in the primary for state insurance commissioner, Jane Kim — who formerly sat on the San Francisco Board of Supervisors — is at the center of a race that typically flies under the radar, but carries implications for real esta...
Matt Mahan isn’t the only gubernatorial hopeful with California real estate backers. Steve Hilton has some, too. Hilton’s latest real estate cash came from Dave Dollinger of Dollinger Properties, which is located in Silicon Valley, but has...
California resident Edwin Castro is the biggest lottery winner of all time, after hitting a $2.04 billion Powerball jackpot in 2022. But would he be liable under a proposed California law to tax the wealth of billionaires?The answer, it turns o...
https://journal.firsttuesday.us/wp-content/uploads/Audio-AB_301.mp3Why this matters: State departments may now approve housing plans, and all agencies now have tighter review timelines, or a building permit application is deemed complete. Bui...
Market positioning is business 101. With this past week’s news that Ryan Serhant’s brokerage muscled its way into California, where does the business fit within California’s residential landscape?Serhant said he’s identified no direct c...
One of Los Angeles’ most influential home builders, KB Home, is relocating its headquarters out of state, becoming the latest high-profile firm to do so.The company, which has been based in Los Angeles since 1963 and helped build its sprawli...
Bryan Marsh was booed by the crowd as he approached the podium in Monterey Park’s City Hall. Things weren’t going as planned.In front of a wall of people holding “No Data Center” placards, he outlined how his company, Australia’s HMC...
While high-end coastal living always commands a premium, wealthy Californians moving to Miami could effectively give themselves a five-figure raise by swapping the Golden State's peak state income tax rate for Florida's 0% tax environment.
Ke...