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Catch up and plan your week ahead! June 27, 2022 EVENTS JUNE 29 Prevent App=
lication Fraud in Your Tenant Screening Process 11AM - 12PM REGISTER NOW IN=
DUSTRY NEWS Los Angeles Property Investors Ready Fight Against Megamansion =
Tax Hike Source: Bloomberg Los Angeles real estate investors are gearing up=
 for a campaign to defeat a ballot measure that would increase a tax on the=
 sale of multimillion-dollar properties to help pay for housing one of the =
biggest US homeless populations. READ MORE Housing economist: =E2=80=98Ther=
e is a rental housing shortage=E2=80=99 driving up rent prices Source: Yaho=
o!Money Lawrence Yun, chief economist at the National Association of Realto=
rs, joins Yahoo Finance Live to discuss Fed Chair Powell's comments on the =
housing market, supply and demand, mortgage rates, and rental prices. READ =
MORE Out-of-State Rental Applications Rose 42% During Pandemic: TransUnion =
Source: Multihousing News Rising housing costs and the widespread availabil=
ity of remote work, which began during the pandemic, helped spur a 42 perce=
nt increase in of-state applicants for rental properties from 2020 to 2021,=
 according to a new research report from TransUnion. READ MORE L.A. tax on =
large property qualifies for fall ballot Source: CAAnet An initiative that =
would raise taxes on property sales valued at more than $5 million has qual=
ified for the fall ballot in the city of Los Angeles. The Los Angeles Count=
y Registrar of Voters has certified that proponents submitted the roughly 6=
5,000 valid voter signatures needed to place the =E2=80=9Cdocumentary trans=
fer=E2=80=9D tax before voters on Nov. 8. READ MORE KeyBank Provides $53.2M=
 Financing for Tiburon Affordable Housing Development in San Luis Obispo, C=
alifornia Source: REBusinessOnline SAN LUIS OBISPO, CALIF. =E2=80=94 KeyBan=
k Community Development Lending and Investment has provided $53.2 million i=
n financing for the development of Tiburon, an affordable multifamily prope=
rty in San Luis Obispo. KeyBank provided a $28 million construction loan an=
d a $2.3 million permanent loan, as well as $22.9 million in low-income hou=
sing and state housing tax credit equity, to People=E2=80=99s Self Help Hou=
sing, a San Luis Obispo-based affordable housing development and management=
 company. READ MORE Apartment News Publications | 15502 Graham St., Hunting=
ton Beach, CA 92649 Unsubscribe info@sterlingcal.com Update Profile | Const=
ant Contact Data Notice Sent by newsletter@aptnewsinc.com in collaboration =
with Try email marketing for free today!
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top"><p style=3D"margin: 0;"><span style=3D"font-size: 26px; color: rgb(4, =
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coration: none;">JUNE 29</a> </td> </tr> </table>    </td> </tr> </table>  =
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class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
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px 20px 10px 10px;" align=3D"left" valign=3D"top">
<p style=3D"margin: 0;"><span style=3D"font-family: Arial, Verdana, Helveti=
ca, sans-serif; font-size: 24px; font-weight: bold; color: rgb(9, 79, 133);=
">Prevent Application Fraud in Your Tenant Screening Process</span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 20px; color: rgb(0, 0, 0)=
; font-family: Arial, Verdana, Helvetica, sans-serif;">11AM - 12PM </span><=
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t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
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p"> <table class=3D"divider_content-row" style=3D"width: 31%; height: 1px;"=
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le> <table class=3D"layout layout--1-column" style=3D"table-layout: fixed;"=
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enter" valign=3D"top">
<table class=3D"text text--sectionHeading text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
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: #444444; font-size: 16px; line-height: 1.2; display: block; word-wrap: br=
eak-word; font-weight: bold; padding: 10px 20px;" align=3D"left" valign=3D"=
top">
<h1 style=3D"font-family: Arial,Verdana,Helvetica,sans-serif; color: #606d7=
8; font-size: 26px; font-weight: bold; margin: 0;"><span style=3D"color: rg=
b(9, 79, 133); font-size: 24px;">Los Angeles Property Investors Ready Fight=
 Against Megamansion Tax Hike</span></h1>
<p style=3D"margin: 0;"><span style=3D"font-size: 14px; font-family: Arial,=
 Verdana, Helvetica, sans-serif; font-style: italic;">Source: Bloomberg</sp=
an></p>
</td> </tr> </table> <table class=3D"text text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
 style=3D"text-align: left; font-family: Verdana, Geneva, sans-serif; color=
: #36495F; font-size: 16px; line-height: 1.2; display: block; word-wrap: br=
eak-word; padding: 10px 20px;" align=3D"left" valign=3D"top"><p style=3D"ma=
rgin: 0;"><span style=3D"font-family: Arial, Verdana, Helvetica, sans-serif=
; font-weight: normal; color: rgb(68, 68, 68);">Los Angeles real estate inv=
estors are gearing up for a campaign to defeat a ballot measure that would =
increase a tax on the sale of&#xa0;multimillion-dollar properties&#xa0;to h=
elp pay for housing one of the biggest US homeless populations.</span></p><=
/td> </tr> </table>  <table class=3D"button button--padding-vertical" width=
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wh0ywCu6qRltCbeA_jw=3D=3D&c=3DtCIuQ5UjZCsDTOv5t-FDqORn53JmKMDK-igdc3ILvA8X3=
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-weight: bold; text-decoration: none;">READ MORE</a> </td> </tr> </table>  =
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<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
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al" style=3D"padding: 10px 20px;" width=3D"100%" align=3D"center" valign=3D=
"top"> <table class=3D"divider_content-row" style=3D"height: 1px; width: 10=
0%;" cellpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"di=
vider_content-cell" style=3D"background-color: #2c2f34; height: 1px; line-h=
eight: 1px; padding-bottom: 0px; border-bottom-width: 0px;" height=3D"1" al=
ign=3D"center" bgcolor=3D"#2c2f34"> <img alt=3D"" width=3D"5" height=3D"1" =
border=3D"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontac=
t.com/letters/images/1101116784221/S.gif" style=3D"display: block; height: =
1px; width: 5px;"> </td> </tr> </table> </td> </tr> </table> </td> </tr> </=
table> <table class=3D"layout layout--1-column" style=3D"table-layout: fixe=
d;" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <=
td class=3D"column column--1 scale stack" style=3D"" width=3D"100%" align=
=3D"center" valign=3D"top">
<table class=3D"text text--sectionHeading text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
 style=3D"text-align: left; font-family: Verdana, Geneva, sans-serif; color=
: #444444; font-size: 16px; line-height: 1.2; display: block; word-wrap: br=
eak-word; font-weight: bold; padding: 10px 20px;" align=3D"left" valign=3D"=
top">
<h1 style=3D"font-family: Arial,Verdana,Helvetica,sans-serif; color: #606d7=
8; font-size: 26px; font-weight: bold; margin: 0;"><span style=3D"color: rg=
b(9, 79, 133); font-size: 24px;">Housing economist: &#x2018;There is a rent=
al housing shortage&#x2019; driving up rent prices</span></h1>
<p style=3D"margin: 0;"><span style=3D"font-size: 14px; font-family: Arial,=
 Verdana, Helvetica, sans-serif; font-style: italic;">Source: Yahoo!Money</=
span></p>
</td> </tr> </table> <table class=3D"text text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
 style=3D"text-align: left; font-family: Verdana, Geneva, sans-serif; color=
: #36495F; font-size: 16px; line-height: 1.2; display: block; word-wrap: br=
eak-word; padding: 10px 20px;" align=3D"left" valign=3D"top"><p style=3D"ma=
rgin: 0;"><span style=3D"font-family: Arial, Verdana, Helvetica, sans-serif=
; color: rgb(68, 68, 68);">Lawrence Yun, chief economist at the National As=
sociation of Realtors, joins Yahoo Finance Live to discuss Fed Chair Powell=
's comments on the housing market, supply and demand, mortgage rates, and r=
ental prices. </span></p></td> </tr> </table>  <table class=3D"button butto=
n--padding-vertical" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspac=
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r content-padding-horizontal" align=3D"left" style=3D"padding: 10px 20px;">=
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pwHtlMKrBR5saXPgIoy-eVJxBFllIq14lIqqWUNfoXYGTHDPUagOErG7xxErdKR9ihnHsHWGkQf=
HM5QxS3t_zUe3xQK6GE-iZJ6LPEvwPSLre7mKWM_WFamy69isnEkirJu1AFv6lN1UoARAamnjXY=
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,sans-serif; font-size: 14px; word-wrap: break-word; font-weight: bold; tex=
t-decoration: none;">READ MORE</a> </td> </tr> </table>    </td> </tr> </ta=
ble>   </td> </tr> </table> <table class=3D"layout layout--1-column" style=
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lspacing=3D"0"> <tr> <td class=3D"column column--1 scale stack" style=3D"" =
width=3D"100%" align=3D"center" valign=3D"top">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
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al" style=3D"padding: 10px 20px;" width=3D"100%" align=3D"center" valign=3D=
"top"> <table class=3D"divider_content-row" style=3D"height: 1px; width: 10=
0%;" cellpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"di=
vider_content-cell" style=3D"background-color: #2c2f34; height: 1px; line-h=
eight: 1px; padding-bottom: 0px; border-bottom-width: 0px;" height=3D"1" al=
ign=3D"center" bgcolor=3D"#2c2f34"> <img alt=3D"" width=3D"5" height=3D"1" =
border=3D"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontac=
t.com/letters/images/1101116784221/S.gif" style=3D"display: block; height: =
1px; width: 5px;"> </td> </tr> </table> </td> </tr> </table> </td> </tr> </=
table> <table class=3D"layout layout--1-column" style=3D"table-layout: fixe=
d;" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <=
td class=3D"column column--1 scale stack" style=3D"" width=3D"100%" align=
=3D"center" valign=3D"top">
<table class=3D"text text--sectionHeading text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
 style=3D"text-align: left; font-family: Verdana, Geneva, sans-serif; color=
: #444444; font-size: 16px; line-height: 1.2; display: block; word-wrap: br=
eak-word; font-weight: bold; padding: 10px 20px;" align=3D"left" valign=3D"=
top">
<h1 style=3D"font-family: Arial,Verdana,Helvetica,sans-serif; color: #606d7=
8; font-size: 26px; font-weight: bold; margin: 0;"><span style=3D"font-size=
: 24px; color: rgb(9, 79, 133);">Out-of-State Rental Applications Rose 42% =
During Pandemic: TransUnion</span></h1>
<p style=3D"margin: 0;"><span style=3D"font-size: 12px; font-style: italic;=
">Source: Multihousing News</span></p>
</td> </tr> </table> <table class=3D"text text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
 style=3D"text-align: left; font-family: Verdana, Geneva, sans-serif; color=
: #36495F; font-size: 16px; line-height: 1.2; display: block; word-wrap: br=
eak-word; padding: 10px 20px;" align=3D"left" valign=3D"top"><p style=3D"ma=
rgin: 0;"><span style=3D"font-family: Arial, Verdana, Helvetica, sans-serif=
; color: rgb(68, 68, 68);">Rising housing costs and the widespread availabi=
lity of remote work, which began during the pandemic, helped spur a 42 perc=
ent increase in of-state applicants for rental properties from 2020 to 2021=
, according to a new research report from TransUnion.</span></p></td> </tr>=
 </table>  <table class=3D"button button--padding-vertical" width=3D"100%" =
border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fix=
ed;"> <tr> <td class=3D"button_container content-padding-horizontal" align=
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row" style=3D"background-color: #094f85; width: auto; border-radius: 5px; b=
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tps://r20.rs6.net/tn.jsp?f=3D001S8L9XegK4e2BLSoT8JGciz36Y1oIm1_4ypHAuOiP1mV=
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ymYOAPgVB_yVBjm5L2goMlWXCkLowKBj23WdFjOsEzyYEgorohM24hAj8IV5gEvtYjuUBDOoMw7=
yjWiRKu73iSs_Wk9dN2oXJ0iv7t6Dy3zYjdamjSHyWTU4Jf6UB53FQfAzQ6VIct&c=3DtCIuQ5U=
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xed;" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr>=
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0%;" cellpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"di=
vider_content-cell" style=3D"background-color: #2c2f34; height: 1px; line-h=
eight: 1px; padding-bottom: 0px; border-bottom-width: 0px;" height=3D"1" al=
ign=3D"center" bgcolor=3D"#2c2f34"> <img alt=3D"" width=3D"5" height=3D"1" =
border=3D"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontac=
t.com/letters/images/1101116784221/S.gif" style=3D"display: block; height: =
1px; width: 5px;"> </td> </tr> </table> </td> </tr> </table> </td> </tr> </=
table> <table class=3D"layout layout--1-column" style=3D"table-layout: fixe=
d;" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <=
td class=3D"column column--1 scale stack" style=3D"" width=3D"100%" align=
=3D"center" valign=3D"top">
<table class=3D"text text--sectionHeading text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
 style=3D"text-align: left; font-family: Verdana, Geneva, sans-serif; color=
: #444444; font-size: 16px; line-height: 1.2; display: block; word-wrap: br=
eak-word; font-weight: bold; padding: 10px 20px;" align=3D"left" valign=3D"=
top">
<h1 style=3D"font-family: Arial,Verdana,Helvetica,sans-serif; color: #606d7=
8; font-size: 26px; font-weight: bold; margin: 0;"><span style=3D"color: rg=
b(9, 79, 133); font-size: 24px;">L.A. tax on large property qualifies for f=
all ballot</span></h1>
<p style=3D"margin: 0;"><span style=3D"font-size: 12px; font-style: italic;=
">Source: CAAnet</span></p>
</td> </tr> </table> <table class=3D"text text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
 style=3D"text-align: left; font-family: Verdana, Geneva, sans-serif; color=
: #36495F; font-size: 16px; line-height: 1.2; display: block; word-wrap: br=
eak-word; padding: 10px 20px;" align=3D"left" valign=3D"top">
<p style=3D"margin: 0;"><span style=3D"font-family: Arial, Verdana, Helveti=
ca, sans-serif; color: rgb(68, 68, 68);">An initiative that would raise tax=
es on property sales valued at more than $5 million has qualified for the f=
all ballot in the city of Los Angeles.</span></p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;"><span style=3D"font-family: Arial, Verdana, Helveti=
ca, sans-serif; color: rgb(68, 68, 68);">The Los Angeles County Registrar o=
f Voters has certified that proponents submitted the roughly 65,000 valid v=
oter signatures needed to place the &#x201c;documentary transfer&#x201d; ta=
x before voters on Nov. 8.</span></p>
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ellspacing=3D"0" bgcolor=3D"#094f85"> <tr> <td class=3D"button_content-cell=
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href=3D"https://r20.rs6.net/tn.jsp?f=3D001S8L9XegK4e2BLSoT8JGciz36Y1oIm1_4y=
pHAuOiP1mV2vWkog5F_eHtPpcVEArxXZcg0HPpoK1qF5h5mMWl7uKFtDCLKUjdvWwFXrpGYxvfc=
wxiH9thTNuUroM43GhTczPV3AZMXR_QZpBlotpCIHSLDrgXe1WfXqhaG67BZUJ1NyyTSHpWmIhO=
5mKUCA0euPI_g4zjXRVocgPMNiLUv6w=3D=3D&c=3DtCIuQ5UjZCsDTOv5t-FDqORn53JmKMDK-=
igdc3ILvA8X3ZEHH1Eeww=3D=3D&ch=3DNJZhYsKWZtTyOTh0ou8q7P5nJnNjJyTVtu2Ye6-btS=
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amily: Arial,Verdana,Helvetica,sans-serif; font-size: 14px; word-wrap: brea=
k-word; font-weight: bold; text-decoration: none;">READ MORE</a> </td> </tr=
> </table>    </td> </tr> </table>   </td> </tr> </table> <table class=3D"l=
ayout layout--1-column" style=3D"table-layout: fixed;" width=3D"100%" borde=
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n--1 scale stack" style=3D"" width=3D"100%" align=3D"center" valign=3D"top"=
>
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
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al" style=3D"padding: 10px 20px;" width=3D"100%" align=3D"center" valign=3D=
"top"> <table class=3D"divider_content-row" style=3D"height: 1px; width: 10=
0%;" cellpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"di=
vider_content-cell" style=3D"background-color: #2c2f34; height: 1px; line-h=
eight: 1px; padding-bottom: 0px; border-bottom-width: 0px;" height=3D"1" al=
ign=3D"center" bgcolor=3D"#2c2f34"> <img alt=3D"" width=3D"5" height=3D"1" =
border=3D"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontac=
t.com/letters/images/1101116784221/S.gif" style=3D"display: block; height: =
1px; width: 5px;"> </td> </tr> </table> </td> </tr> </table> </td> </tr> </=
table> <table class=3D"layout layout--1-column" style=3D"table-layout: fixe=
d;" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <=
td class=3D"column column--1 scale stack" style=3D"" width=3D"100%" align=
=3D"center" valign=3D"top">
<table class=3D"text text--sectionHeading text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
 style=3D"text-align: left; font-family: Verdana, Geneva, sans-serif; color=
: #444444; font-size: 16px; line-height: 1.2; display: block; word-wrap: br=
eak-word; font-weight: bold; padding: 10px 20px;" align=3D"left" valign=3D"=
top">
<h1 style=3D"font-family: Arial,Verdana,Helvetica,sans-serif; color: #606d7=
8; font-size: 26px; font-weight: bold; margin: 0;"><span style=3D"color: rg=
b(9, 79, 133); font-size: 24px;">KeyBank Provides $53.2M Financing for Tibu=
ron Affordable Housing Development in San Luis Obispo, California</span></h=
1>
<p style=3D"margin: 0;"><span style=3D"font-size: 12px; font-style: italic;=
">Source: REBusinessOnline</span></p>
</td> </tr> </table> <table class=3D"text text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
 style=3D"text-align: left; font-family: Verdana, Geneva, sans-serif; color=
: #36495F; font-size: 16px; line-height: 1.2; display: block; word-wrap: br=
eak-word; padding: 10px 20px;" align=3D"left" valign=3D"top"><p style=3D"ma=
rgin: 0;"><span style=3D"font-family: Arial, Verdana, Helvetica, sans-serif=
; color: rgb(68, 68, 68);">SAN LUIS OBISPO, CALIF. &#x2014; KeyBank Communi=
ty Development Lending and Investment has provided $53.2 million in financi=
ng for the development of Tiburon, an affordable multifamily property in Sa=
n Luis Obispo. KeyBank provided a $28 million construction loan and a $2.3 =
million permanent loan, as well as $22.9 million in low-income housing and =
state housing tax credit equity, to People&#x2019;s Self Help Housing, a Sa=
n Luis Obispo-based affordable housing development and management company.<=
/span></p></td> </tr> </table>  <table class=3D"button button--padding-vert=
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awvX61KmXQ17V9OIhURM5WAihlFT8N-BmCMgCY1lXMnvbWwjxM5oMwXbnzzri1tHc1dCjxldffX=
zCQPgVU_6opUiRaB9GDQNBWXwjSPlfpPKSvbagMsk5dSo8B2n9JDAQ3dyaM6UGtuYT0yqZl2x9W=
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t-FDqORn53JmKMDK-igdc3ILvA8X3ZEHH1Eeww=3D=3D&ch=3DNJZhYsKWZtTyOTh0ou8q7P5nJ=
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