Entries by Brandan Nordell

California Supreme Court Upholds Cotenancy Clauses in Retail Leases: What This Means for Property Owners

The California Supreme Court recently issued a landmark ruling that solidifies the enforceability of cotenancy clauses in retail leases. This decision could have long-term implications for landlords, tenants, and commercial property investors across the state. Understanding this ruling and its impact is crucial for property owners navigating lease agreements in California’s competitive commercial real estate […]

New California Bill Could Allow Tenants to Avoid Eviction by Paying Rent at the Last Minute

California lawmakers are considering a new bill that could significantly impact rental housing providers by allowing tenants to halt eviction proceedings at any stage if they pay overdue rent or provide proof of approved rental assistance. Overview of SB 436 Senate Bill 436, introduced by Sen. Aisha Wahab (D-Hayward), proposes changes that would require courts […]

Freddie Mac Forecasts Rising Multifamily Financing in 2025, But Rent Growth Remains Sluggish

As 2025 begins, the multifamily housing market is expected to see an increase in financing activity, but property owners should prepare for continued challenges related to rent growth and rising vacancies. According to Freddie Mac’s latest 2025 Multifamily Outlook, total multifamily originations are projected to reach between $370 billion and $380 billion, marking a rebound […]

California Proposes Cooling Standards for Rental Housing: What Property Owners Need to Know

As extreme heat events become more frequent and intense, California lawmakers are revisiting the idea of mandatory cooling standards in rental housing. The California Department of Housing and Community Development (HCD) has released a 60-page report urging state legislators to establish a maximum safe indoor air temperature of 82°F for residential units. If implemented, this […]

Concord’s Rent Control: What’s Changing?

The Concord City Council is gearing up for another round of discussions regarding potential changes to the city’s rent control ordinance.  Mark your calendars for Tuesday, February 25, 2025, as this meeting could significantly impact both renters and landlords in Concord.  The council has already dedicated nearly four hours to public input earlier this month, […]

The Most Common Rental Maintenance Issues & How to Prevent Them

Owning a rental property is a great investment, but it comes with the responsibility of maintaining the home for both long-term value and tenant satisfaction. Proactive maintenance can prevent costly emergency repairs, reduce tenant turnover, and protect your rental income. In this guide, we’ll cover the most common rental maintenance issues landlords face and provide […]

Governor Extends Protections Against Rent-Gouging Tied to L.A. Firestorms

In response to the devastating firestorms affecting Los Angeles County, Governor Gavin Newsom has extended California’s rent-gouging protections through an executive order issued on January 16, 2025. This move underscores the state’s commitment to shielding vulnerable residents from predatory rental practices during emergencies. These protections, in effect through March 8, 2025, prohibit landlords from raising […]

Property Management for 2025: The Key to Stress-Free Ownership

As a landlord, you want to grow your wealth without sacrificing your time or peace of mind. That’s where a professional property management company comes in. With the ever-changing rental market in California, having a trusted partner ensures you can navigate challenges and opportunities seamlessly. Why Stress-Free Ownership Matters Owning rental property should be a […]

Key California Rental Market Changes in 2024 and What They Mean for 2025

2024 was a pivotal year for California’s rental market, with significant legislative updates and voter decisions shaping the future for landlords and tenants alike. From Proposition 33’s rejection to new rental regulations, these changes are setting the tone for 2025. Here’s a comprehensive recap of the major developments and their implications for property owners in […]

Our Property Management Successes in 2024 and What’s Ahead for 2025

As 2024 draws to a close, Real Property Management Select reflects on a year filled with growth, success, and impactful contributions to property owners in Sacramento, Roseville, Concord, and Fairfield. Here’s a recap of our accomplishments this year and an exciting look at what’s on the horizon for 2025. 2024 Successes: Supporting Property Owners Every […]