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The California Apartment Association is urging its members to review their tenant-screening procedures, an exercise that could help them avoid costly litigation. CAA’s recommendation comes amid reports that consumer attorneys are suing landlords over alleged violations of the Investigative Consumer Reporting Agencies Act, or ICRAA, during the tenant-screening process.

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The California Apartment Association is pleased to announce the results from the 2021 CAA Board of Directors’ election. Voting for the 2021 CAA Board of Directors opened on October 23, 2020, and closed on October 29, 2020 at which time CAA President Barry Altshuler and CAA Secretary Cynthia Wray, were notified of the results. In accordance with the CAA Bylaws, directors serve a term of three years and regional representatives serve a term of two years; newly elected directors will begin their terms on Jan. 1, 2021. Congratulations to the newly elected members of the 2021 CAA Board of Directors:… Read More

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The California Apartment Association has defeated an initiative in Tuesday’s election that would have imposed rent control and just-cause eviction policies in Burbank. As of Wednesday morning, Burbank voters had rejected Measure RC with 63.5% of the vote. By stopping Measure RC, CAA has protected Burbank’s rental housing industry from a severe form of rent control tied to inflation on pre-1995 multifamily housing. Among other things, Measure RC threatened to:  Roll rents back to September 2019 levels. Limit increases to CPI with a 1% floor and 4% ceiling. Impose strict eviction controls. Establish a rent commission to oversee the rental… Read More

Tagged: Los Angeles

After facing aggressive opposition from the California Apartment Association, a draconian initiative to impose rent control and just-cause eviction policies in Sacramento has failed passage. In Tuesday’s election, 61.8% of voters rejected the initiative, Measure C. By defeating Measure C, CAA has protected Sacramento’s rental housing industry from San Francisco-style rent control and just-cause eviction protections. Among other things, Measure C threatened to: Roll rents back to February 2018 levels. Limit increases to CPI with a 2% floor and 5% ceiling. Impose strict eviction controls and relocation assistance for no-fault evictions. Establish an elected rent board to oversee the rental… Read More

Tagged: Sacramento Valley

Once again, the California Apartment Association has helped keep extreme forms of rent control out of the state. Thanks largely to a campaign led by CAA, voters in Tuesday’s election rejected Proposition 21, the statewide ballot measure that would have invited back the radical rent control policies that proliferated in the 1970s and ’80s. As of Wednesday morning, with 99% of precincts partially reporting, 59.8% of voters had rejected Prop 21, while 40.2% voted to approve the measure. “It’s heartening that voters across the state recognized that Prop 21 would have worsened California’s ongoing housing shortage and homelessness crisis,” said… Read More

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Over the years, CAA has contributed to the Silicon Valley Organization Political Action Committee (SVO PAC) as we have shared many of the same goals for the Silicon Valley region— to promote candidates for office who will champion a strong economy and foster a climate for economic development.  The blatantly racist image on the SVO website led CAA to swiftly resign from the SVO PAC on Wednesday, Oct, 28, 2020.  That action is counter to CAA’s culture and stated policies. Due to CAA’s contributions to the SVO PAC, CAA met the legal threshold for being one of the donors listed… Read More

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In Tuesday’s election, voters will decide the future of California’s rental housing industry. The apartment and rental home business faces an existential threat with Proposition 21, a statewide rent control measure that threatens to dismantle California’s most important landlord-protection law. At the same time, strict rent control measures are going before voters in the cities of Sacramento and Burbank.

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The California Apartment Association will soon release an updated edition of its Managing Rental Housing textbook. Managing Rental Housing offers a veritable encyclopedia of state rental housing law, explains the cycle of the tenancy, and provides practical information needed to operate rental property efficiently, ethically, and profitably in California. CAA’s premiere textbook has been thoroughly updated for its 10th edition. It is more user-friendly and addresses the biggest change in California landlord-tenant law in decades: The Tenant Protection Act of 2019, also known as AB 1482. The book is expected to be available in a print edition and electronically in… Read More

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Several months into the pandemic, COVID-19 has spawned 40 million cases across the globe and caused one million deaths. In the U.S. alone, a quarter-million coronavirus fatalities are expected by year’s end. Also in the U.S., gross domestic product sank 11% from the fourth quarter to the second quarter — the biggest drop in economic activity ever seen in the United States. At one point, the unemployment rate approached 15%. Renowned economist Christopher Thornberg reviewed these “eye-popping” numbers Wednesday during the California Apartment Association’s Orange County Outlook 2020 virtual event.

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Against the backdrop of the COVID-19 pandemic, economist Peter Linneman this week explained why single-family home sales have performed better than he’d expected and some reasons he’s bullish on multifamily. Linneman offered an economic analysis and some predictions during Wednesday’s Walker Webcast: Magic 8 Ball for the Markets, hosted by Willy Walker, chief executive officer and president of Walker & Dunlop. Linneman previously predicted that the COVID-19 pandemic would torpedo home sales, and while sales indeed dropped in April and May, it wasn’t the collapse that the economist initially anticipated. He said his earlier assessment missed the phenomenon of “involuntary… Read More

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