The recent vote on California’s Proposition 33 is expected to bring significant changes to the multifamily housing development landscape, especially in high-demand urban areas like Los Angeles. Canon Hill Development, a leader in real estate construction and luxury apartment development, is closely monitoring how these shifts will impact project timelines, zoning regulations, and affordable housing […]

As Los Angeles faces an urgent housing crisis, Mayor Karen Bass’s Executive Directive 1 (ED1) is reshaping the city’s approach to real estate development and urban revitalization. Launched as a primary response to housing shortages and rising rents, the ED1 initiative emphasizes the fast-tracking of affordable housing development, facilitating public-private partnerships, and prioritizing mixed-use projects […]

In California, housing has long been a critical issue, and now Proposition 33 has emerged as the latest proposal to tackle it. Prop 33 is designed to give local governments the power to place stricter regulations on short-term rentals (like those found on platforms such as Airbnb and Vrbo). Supporters believe this measure could help […]

As one of the most sought-after cities in the United States, Los Angeles faces unique challenges when it comes to housing affordability. With rising rents and a competitive real estate market, many residents look to rent control as a means of securing stable housing. In this blog, we’ll explore what rent control means in Los […]