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Economic Update for the week ending July 24, 2021

Jul 24, 2021 Stock markets closed the week at or near record highs – The week began with the largest one day point drop since October marking five straight days of declines. This was due to fears of rising COVID cases. It has become evident that COVID is ...

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Mask Mandate Returns in L.A. County

Jul 16, 2021 In response to a sharp increase in transmission rates of COVID-19, L.A. County officials have reinstated the indoor mask mandate which ended June 15. Masks will again be required indoors beginning at midnight on Saturday, July 17, regardless of...

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Economic update for the week ending July 10, 2021

Jul 10, 2021 Stocks slightly higher after turbulent week – Stocks markets exhibited huge swings this week. Thursday markets plunged over one percent as investors feared that thespike in new COVID Delta variant cases would slow the progress of the world re...

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Elder Facility to Replace Church Buildings in Encino

Jul 8, 2021 The site of an Encino church will transform into 146 senior apartments, according to a filing with the Los Angeles Department of City Planning. Century City real estate developer Geneva Street Partners and Denver’s Spectrum Retirement Comm...

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Economic update for the week ending July, 3, 2021

Jul 3, 2021 U.S. employers added 850,000 jobs in June – The Department of Labor and Statics reported that 850,000 new jobs were added in June. That was a much higher than the 559,000 new jobs added in May, and the most jobs added in 10 months. The unempl...

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Supervisors Extend Eviction Moratorium in L.A. County

Jun 23, 2021 L.A. County tenants have been granted three more months of protection from eviction. The Board of Supervisors on Tuesday extended its coronavirus eviction moratorium through Sept. 30, according to media reports. The eviction moratorium me...

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Calabasas City Council Shoots Down West Village Project

May 20, 2021 Calabasas City Council has unanimously rejected a 180-unit residential project based on its environmental impact report. New Home Co. has been plugging away at expanding its footprint in the city with West Village at Calabasas, a mixed-use c...

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