Industry News

Industry News

New Regulations Take Aim At ‘Wholesalers’ and ‘Flippers’

BySibylla NashJune 22, 20212 min read

Local governments across the country have begun to enact new regulations designed to reign in the practice known as ‘wholesaling’. A subset of the home flipping industry, wholesaling has become…

California Lawmakers Hope Less Environmental Review Equals More Housing

ByIn The Building LA – Staff WriterMay 28, 20212 min read

Authored by Sen. Toni Atkins, D-San Diego, California Senate Bill 7 allows housing and mixed-use projects to qualify for an expedited review process under the California Environmental Quality Act (CEQA).…

First African-American Woman Takes The Helm At LA Metro

BySibylla NashMay 16, 20212 min read

Stephanie Wiggins Replaces Phil Washington As Head of LA Transit Agency Metro Board of Directors made history when they appointed Stephanie Wiggins as the new Metro Chief Executive Officer. The…

Local Black Bank Receives Capital Investment and Strategic Resources From Wells Fargo

BySibylla NashMay 15, 20212 min read

There are only 19 black-owned banks in the United States. Wells Fargo just gave a huge boost to 13 of them. Back in 2020, Wells Fargo pledged to invest up…

Digital ‘Redlining’: Fair Housing Lawsuit Filed Against Redfin

ByIn The Building LA – Staff WriterNovember 2, 20203 min read

Real estate technology firm Redfin has been named in a lawsuit alleging that the company uses its online platform to engage in modern-day “redlining” and discriminatory pricing practices. In the…

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