The Costa Hawkins Repeal & Rent Control There has been a lot of talk lately about repealing the Costa Hawkins Rent Control law that was passed in the 1990’s. Costa Hawkins essentially curtailed a jurisdiction’s capacity to impose rent control. Now Unions and Tenant organizations are seeking to repeal Costa Hawkins (CA). What is puzzling
When I moved from Manhattan Beach to Sacramento in 1991, my new bride and I arrived behind the wheel of a Uhaul at 9:00 PM. We had a 800 S.F. rental lined up on Harkness in Land Park. We had no keys to the place, so we had to call the owner. He staggered out
I attended a Panel Discussion Moderated by Randy Getz of CBRE at the Sutter Club in Downtown Sacramento this week. Chuck Trainor, Managing Partner of Trainor Fairbrook, introduced David Taylor. David Taylor humbly recounted his first development projects. Taylor has arguably had the most impact on Sacramento’s Skyline, developing The Sheraton, 1201K Street, 1215 K
How About Those Sacramento Kings? The Kings won last night without their Big Man, Cousins. Frankly, they looked like a whole new team, with contributions from everyone, with six players in double digits. Willie Cauley-Stein had a career high 29 points. Would the Downtown market be on such a winning streak without its Big Man?
The Sacramento Kings staying in Sacramento was great, but the Golden One Arena and its profound ripple effect is the biggest game changer since the Gold Rush. Other cities (San Diego, Denver, San Francisco, etc.) have developed new arenas and the impact on their economies have been great. However, in relative terms, Sacramento’s Arena will
Sacramento’s Core (Midtown and Downtown) is not very sneaky. In fact the whole world has taken notice. One thing I didn’t now about Core is this: Core recently took up golf, and in 2015 made the PGA Tour. In a matter of months, Core has risen to the top of the money list! At
It’s not the Gold Rush……. Gradual Value Appreciation? I think not. Property is selling in the Midtown and Downtown Markets (The Core) for prices that are justified by increased demand for housing in Core, the development of the Arena and a multitude of other developments (see this October 14 Post on Urban Land Value. Believe
The site of the former Rosemount Grille — which operated in East Sacramento from 1945 to 1989, and — should be dishing out some amazing food by the end of this year. The 11,000 square foot building on Folsom Boulevard will house what is sure to be an incredible addition to the neighborhood. One side