California’s major multifamily markets are poised for diverse outcomes in 2024, set against a backdrop of decelerating national rent growth, according to Yardi Matrix’s Summer 2024 Multifamily Outlook report.
Rent Increases
California’s multifamily rental market is exhibiting a mix of trends across its major cities, according to the March 2024 Yardi Matrix Multifamily National Report. In Los Angeles, the multifamily sector…
The California Apartment Association is strongly opposed to a storm-related emergency ordinance approved by the San Diego County Board of Supervisors that halts most residential evictions and caps rent increases…
Knowledge Base Entry
Forms SA-011
Notice of Expiration of Lease And Non-Binding Proposal For Renewal – City of Santa Ana
(For use with units subject to Santa Ana rent control and EXEMPT from Santa Ana just cause requirements) This form may be used to propose a renewal Rental/Lease Agreement to…
Managing a rental property can feel like navigating a maze of laws, especially when it comes to the question of rent increases. The California Apartment Association is here to guide…
Following a recent settlement announced by Attorney General Rob Bonta, California landlords are reminded of the importance of understanding and complying with the California Tenant Protection Act. This landmark legislation,…
Earlier this week, the California Apartment Association updated the consumer price index rates for all areas of the state. These figures are used for calculating maximum allowable rent increases under…
Knowledge Base Entry
Industry Insights
Oakland’s Rent Control Law – The Rent Adjustment Program Ordinance (RAP)
The Oakland City Council adopted the Rent Adjustment Program (RAP) in 1980. As originally adopted, the RAP had allowed an annual rent increase equal to the change in the regional…
The California Apartment Association this week defeated proposals by Fremont City Councilwoman Jenny Kassan to explore stricter regulations on rental housing providers after debates among City Council members and heated…
Knowledge Base Entry
Industry Insights
City of Los Angeles Large Rent Increase Relocation Assistance Requirement (Non-RSO Units)
On February 7, 2023, the Los Angeles City Council voted to enact an ordinance, amending the recently passed Just Cause for Eviction Ordinance (JCEO), to require relocation assistance to be…
