News & Publications

CALL TO ACTION: Write letters now and Protect the Ellis Act

The California Apartment Association is calling on its members to help defeat a bill that threatens the Ellis Act and could come to a vote on the Senate floor this week.
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CAA win: Ammiano’s anti-Ellis Act bill gutted

The California Apartment Association and CAA members who took part in Tuesday’s annual Legislative Conference helped gut a bill that would have stripped a landlord’s right to leave the rental housing business.
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Leno’s bill advances; senator told to address CAA concerns

A bill that could force many San Francisco landlords to stay in the rental housing business, even if they’re losing money, narrowly survived its first committee hearing Tuesday, April 8.
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San Francisco rents up? Yes, but not across the board, website says

Overall, San Francisco rents were up 2.74 percent last year, but not every neighborhood contributed to that statistic, according to the real estate website Zumper. In some areas of San Francisco, rent prices were either flat or veered the other direction.
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Lawmakers' attempt to gut Ellis Act met with resistance

San Francisco lawmakers have introduced a pair of bills that would hamper a property owner’s ability to quit the rental housing business. In the cross-hairs of both pieces of legislation is the state’s Ellis Act. SB 1439 by state Sen. Mark Leno could force property owners to wait five years after purchasing a building before using the Ellis Act to take rental units off the market.
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Tenancy-in-common sales gain momentum

TIC sales are getting stronger and are even being aided by the city’s attempts to slow them down. As predicted in my last article on tenancy-in-common trends at the end of 2012, the total TIC sales volume and number of units sold indeed has increased for the third straight year.
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Inflation and investing in a rent-controlled market

Over the years, Terrance Jones has often been asked by both long-term landlords and real estate neophytes if buying apartment buildings in rent-controlled San Francisco is a good hedge against inflation.
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A Project of the California Apartment Association and the San Francisco Apartment Association