Apartment Industry Leaders Launch Pledge for Action to Restore Los Angeles Following Devastating Wildfires; California Landlords Unite Against Price Gouging
A group of 15 leading multifamily firms and commercial real estate industry groups have quickly banded together to support residents and rebuild Los Angeles following the devastating wildfires that struck the city the week of Jan. 7, 2025. The LA Wildfires CRE Pledge for Action is a grassroots initiative focused on meeting the immediate needs of people in affected communities across Southern California and creating a foundation for longer-term restoration. A central focus of the initiative is to fight price gouging by apartment owners, a priority championed by the California Apartment Association.
Connect Media Acquires Multifamily Sales Listing Platform ApartmentBuildings.com
Connect Media, a multi-vertical news, events, creative services and educational company, acquired a majority ownership in ApartmentBuildings.com, a national multifamily listing service company. Financial details about the transaction were not disclosed. Scott Furman, founder of ApartmentBuildings.com, will join Connect Media’s team, serving as President of ApartmentBuildings.com.
