July 2021 Apartment News Magazine

Apartment News Proudly Serving the Rental-Housing Industry Since 1961

VOL. LXI • July 2021

Opportunity Cost: While California’s Post-COVID Economic Prospects Look Good, The Rental Housing Industry’s Challenges Continue.

(Pages 6, 16, 22, 38, 42, 46) In This Issue Inflation and Proposed Tax Changes.............................................16 June General Membership Meeting Recap....................................18 A Mid-Year Market Check-In.........................................................22 New Legislation Aims to Bolster Affordable Housing.....................24 AAOC Multifamily Mingle Recap...................................................28 Pulse on the Marketplace: Inflation — Is It Baa-aack?................38

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Apartment News Proudly Serving the Rental-Housing Industry Since 1961

VOL. LXI • July 2021

Contents AAOC Education & Events

Departments

5 AAOC’s 50th Annual Trade Show & Conference

4 President’s Message — It’s (Almost) Showtime!

31 WelcomeHomeOC Workshop

6 Sacramento Report — California’s Economy Continues Going Strong; Seemingly Unfazed by Pandemic

33 Certified Rental Housing Provider Education Program 34 Earthquake Vulnerability & Retrofitting 101 36 Rental Property Insurance Webinar 41 Summer Cruise 42 The Multifamily Real Estate Market Webinar 44 Sexual Harassment Prevention Certification

8 Orange County Legislative Watch — Citizen Politicians and Rent Caps 10 Dear Maintenance Men 48 The Benefits of AAOC Membership 49 Welcome New Members

46 Unconstitutional Threats Webinar

50 PSC Corner — AArrow Sign Spinners / Ygrene Energy Fund

Features

51 Product & Service Council’s Service Provider Directory

16 Inflation and Proposed Tax Changes By Craig Kirkpatrick 18 June General Membership Meeting Recap 22 A Mid-Year Market Check-In

By Sonya Loera

55 Product & Service Council’s Contact Index 68 Advertisers’ Index — Category 70 Advertisers’ Index — Alphabetical

24 New Legislation Aims to Bolster Affordable Housing 28 AAOC Multifamily Mingle Recap 38 Pulse on the Marketplace— Inflation — Is It Baa-aack? And if so, is it good or bad for rental housing? By Nick Lieberman

Apartment News is the official publication of the Apartment Association of Orange County. Apartment News (ISSN 0747-3435) is published monthly for the apartment-house industry. It is published at 525 Cabrillo Park Drive, Suite 125, Santa Ana, CA 92701; (714) 245-9500. Subscription rate for nonmembers is $25 per year. Copyright 2020 by Orange County Multi-Housing Service Corporation. All rights reserved.

Postmaster: Send address change to: 525 Cabrillo Park Drive, Suite 125, Santa Ana, CA 92701.

Second-class postage paid at Garden Grove, California.

July 2021

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Apartment News

CALENDAR OF EVENTS

The Resources You Want — The Representation You Need — Since 1961

Published by the Orange County Multi-Housing Service Corporation, a subsidiary of the Apartment Association of Orange County.

525 Cabrillo Park Drive, Suite 125 Santa Ana, CA 92701 (714) 245-9500 • Fax (714) 245-9505 • www.aaoc.com n Executive Director – David J. Cordero n Editor in Chief – David J. Cordero n Advertising & Media Sales Director – Debbie M. DiBernardo n Design & Production – Dave Moeller/Graphic Angles n Printing – Sundance Press The contents of the Orange County Apartment News may not be reproduced without written permission. The opinions expressed in any article in the Orange County Apartment News are those of the author and do not necessarily reflect the viewpoint of the Apartment Association of Orange County or Apartment News.

This publication is designed to provide accurate and authoritative information in regard to the subject manner covered. It is provided with the understanding that the publisher is not engaged in rendering legal, accounting or other professional service. If legal service or other expert assistance is required, the services of a competent person should be sought. Publisher disclaims any liability for published articles, typographical errors, production errors or the accuracy of information provided herein. While Orange County Apartment News makes efforts to ensure the accuracy of information provided herein, publication of advertisements does not constitute any endorsement or recommendation, expressed or implied, of the advertiser or any products or services offered.

We reserve the right to reject any advertising or editorial copy.

NOTE: Unless stated otherwise permission to reprint magazine articles is granted on the condition that full credits are given to the author or to other sources and to Apartment News.

MISSION STATEMENT

To promote, protect and enhance the rental housing industry by providing programs and services that enable our members to operate successfully, and by supporting our members’ interests legislatively in order to preserve private property rights.

Officers

President First Vice President n Second Vice President n Vice President Legislative Council n Treasurer n Secretary n Sergeant at Arms n Immediate Past President n

Frank Alvarez Craig Kirkpatrick Rick Roshan John Tomlinson Randy Combs Laurel Dial Marie Kaplan John Tomlinson

Directors n n n

n Tim Gorman Julia Araiza n Nathan Poth Alan Dauger Stephen C. Duringer, Esq.

Directors Emeriti n n n n

Ronald Berg Vicki Binford David A. Cossaboom Nicholas Dunlap

n n n n

AUGUST

4 - CRHP Summer #7 Wednesday, 6–9 pm, Online 10 - Board of Directors Meeting Tuesday, 6 pm, Online 11 - CRHP Summer #8 Wednesday, 6–9 pm, Online 12 - Summer Cruise Thursday, 5:30–8 pm, Newport Beach, See Page 41 16 - Riverside Fair Housing Certification Monday, 9 am–12 pm, Online 17 - Pet Guidelines for Your Rental Community Tuesday, 10–11:30 am, Online 18 - CRHP Summer #9 Wednesday, 6–9 pm, Online 19 - Trade Show Boot Camp Thursday, 9–10 am, AAOC Office & Online 25 - CRHP Summer #10 Wednesday, 6–9 pm, Online 31 - NAA Apartmentalize Tuesday, Chicago, IL

SEPTEMBER

BOARD OF DIRECTORS n

J U LY 5 - Independence Day Holiday Monday, Office Closed 7 - CRHP Summer #3 Wednesday, 6–9 pm, Online 12 - Earthquake Vulnerability & Retrofitting 101 Monday, 1–2 pm, Online, See Page 34 13 - Board of Directors Meeting Tuesday, 6 pm, Online 14 - The Multifamily Real Estate Market: Time to Buy, Sell, or Exchange?

Wednesday, 10–11:30 am, Online, See Page 42 14 - CRHP Summer #4 Wednesday, 6–9 pm, Online 15 - Rental Property Insurance: The Six Things You Need to Know Right Now. Thursday, 10–11:30 am, Online, See Page 36 20 - Welcome Home OC Tuesday, 10–11:30 am, AAOC Office & Online, See Page 31 21 - CRHP Summer #5 Wednesday, 6–9 pm, Online 22 - Sexual Harassment Prevention Certification Thursday, 9–11 am, AAOC Office & Online, See Page 44 27 - Unconstitutional Threats to the Rental Housing Industry Tuesday, 9–11 am, Online, See Page 46 28 - CRHP Summer #6 Wednesday, 6–9 pm, Online

William R. Gorman Jerry L’Ecuyer Nick Lieberman Ray Maggi

1 - NAA Apartmentalize Wednesday, Chicago, IL 1 - CRHP Summer #11 Wednesday, 6–9 pm, Online 2 - NAA Apartmentalize Thursday, Chicago, IL 6 - Labor Day Monday, Office Closed 8 - CRHP Fall #1 Wednesday, 8:30 am–12:30 pm, AAOC Office & Online, See Page 33 14 - Board of Directors Meeting Tuesday, 6 pm, Online 15 - CRHP Fall #2 Wednesday, 8:30 am–12:30 pm, AAOC Office & Online, See Page 33 21 - General Membership Meeting Tuesday, 7–9 pm, AAOC Office & Online 22 - CRHP Fall #3 Wednesday, 8:30 am–12:30 pm, AAOC Office & Online, See Page 33 29 - CRHP Fall #4 Wednesday, 8:30 am–12:30 pm, Online, See Page 33 29 - Trade Show Load-In Wednesday, 12–5 pm, OC Fair & Event Center 30 - Trade Show & Conference Thursday, 8:30 am–3 pm, OC Fair & Event Center, See Page 5

July 2021

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PRESIDENT’S MESSAGE

It’s (Almost) Showtime!

T

he COVID-19 pandemic caused a cultural shift for the AAOC after pushing our association in a direction that required fast-tracked technological innovation and alternative methods to deliver member services and programming. The pandemic may have prevented the association from holding in-person events, classes, and other functions, but true to AAOC’s mission — “To promote, protect and enhance the rental housing industry by providing programs and services that enable our members to operate successfully…,” — our AAOC staff quickly pivoted and were able to continue doing just that — online. And that online delivery of programs and services is now something that will continue to be offered, even as businesses (including AAOC)

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transition back to more normal and familiar operations.

We stood together over the past 16 months, and we are now coming out of the pandemic, perhaps a bit battered and bruised, but still on our feet and in business. I have said many times before that our rental-housing industry is comprised of resilient individuals and businesspeople who may get knocked down from time-to-time, but who get back up, dust themselves off, and get back to doing what they do best. This speaks to our industry’s strength and determination, and I am proud to be a member of this industry with you.

That strength was particularly evident as AAOC triumphantly resumed in-person events last month with its Multifamily Mingle on June 24th.

Member attendance and enthusiasm was off the chart, and it confirmed that our industry is eager and ready for more in-person interaction. I look forward to welcoming members back this month for select in-person and online combined education classes at the AAOC office, and next month on board The Wild Goose for AAOC’s Summer Cruise on August 12th.

What I am most looking forward to, however, is having our industry come together for the Apartment Association of Orange County’s 50th Annual Trade Show & Conference on Thursday, September 30th at the OC Fair & Event Center. This will be the place for us to enthusiastically and joyfully reconnect and get back to doing business. We

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July 2021

have all come out of an extremely challenging time — both personally and professionally — and I can’t wait to say hello to all of our rental property owners and operators, vendors, and other valued participants and attendees at the show.

This will be a truly special and celebratory day for AAOC and our industry.

Who would have thought, when we chose our trade show theme nearly two years ago, that “Rental Housing: Roaring into the ‘20s” would take on so much additional meaning after a one-year delay due to a worldwide pandemic? We planned to present a show with a fun theme that would encourage creative booth décor and exhibitor costuming, channeling the spirit and style of the “real” “Roaring ‘20s” — 100 years earlier.

Little did we know that our show would end up being a case of life imitating art, imitating life.

I hope you will join us at the show and be a part of our “Roaring ‘20s” celebration. We want our ‘20s — the 2020s — to be a decade of prosperity for the rental-housing industry. AAOC members who attend this trade show and do business with fellow members is certainly a way to help make this happen.

Plus, the show provides an excellent opportunity for you to network with fellow housing providers and vendors, attend educational seminars and maintenance demonstrations, and more.

Trade show registration opens on July 15th at www.AAOC.com, and I hope to see you in September. It’s almost showtime!

Regis tr at ion Opens J u l y 1 5 , 2 0 2 1

The 50th Annual Trade Show & Conference OC Fair & Event Center, Costa Mesa, California Thursday, September 30, 2021 8:30 a.m. - 3 p.m.

R e g i s t e r O n l i n e a t w w w . A A O C . c om

July 2021

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Apartment News

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SACRAMENTO REPORT B y R on K ingston

California’s Economy Continues Going Strong; Seemingly Unfazed by Pandemic

D

o you wonder why we have an affordable housing crisis?

Let’s start with our Golden State. It does not have a peer among developing economies for growing GDP, creating jobs, increasing household income, manufacturing growth, innovation, unquestionably producing and requiring producing clean energy, and unbelievable wealth through stocks, bonds, and technology. This is underscored by Governor Newsom’s press

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The state has added 1.3 million people to its non-farm payrolls in one year.

The time period April 2020 through April 2021 is remarkable. This is equal to the entire workforce of the state of Nevada. Our state easily surpassed the states of New York and Texas. Our household income increased by $164 billion, which is almost as much as Texas, Florida and Pennsylvania combined. So, does this give you an idea that the state’s operating budget surplus, fueled by its rapidly growing economy and capital gains taxes increased to a record $75 billion?

California’s record productivity was accelerated by COVID-19 over the last few months. Revenue per employee of publicly traded companies rose to an all-time high of $1.5 million in May which is 63% greater than a decade ago.

The remaining U.S. states performance was nothing special. In fact, the other economic index, referred to the Russell

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July 2021

3000 Index, which is made up of large and small companies, really did not change much over the past 10 years.

Many people have claimed our state to be bad for business but, job performance, GDP, wealth, job growth and many other economic factors belies the investor demand. Using the weight of the S&P 500 Index, investor demand increased 3 percentage points since a year ago. This is the highest increase among all states. Even credit usage was incredible with the weight of corporate bonds sold in the state rising the most of any state to 12.5 percentage points, from 11.7 percentage points, according to the Barclays US Corporate Bond Index.

So, what can we conclude? Investors had high levels of confidence in California companies during the pandemic.

And another measure of economic strength is the state’s gross domestic product, which increased by 21 percent during the past five years, which far out produced the No. 2 state, New York (14%) and Texas (12%). The gains added $530 billion to the state and 30% more than the increase for New York and Texas combined. To put it in another prospective, it was the equivalent to the entire economy of Sweden.

California outperformed the U.S., Japan, and Germany with a growth rate that was exceeded only by China.

California’s base in factory jobs gained 13% over the past five years to $315 billion in 2020 which was far more than any of the 10 largest manufacturing states. Texas was No.2 with 9% growth

and Indiana at 8%.

Corporations are also the undisputed leaders in renewable energy. Twenty-six companies are worth $897 billion or 36% of the U.S. industry. No other state can claim that 21% of the electricity derived is from solar energy. Shares from these companies increased by 282% during the past 12 months. The companies also increased their workforce by 35% since 2019, almost triple the rate for the rest of the United States and four times the global rate.

Water shortages and wildfires have devastated the state. It seems as if that is the continual topic of conversation. The state GDP equivalent of $40.2 billion is derived from agriculture, forest and hunting last year. That is greater than the combined next largest states of Iowa, Washington, Illinois, Texas, and Nebraska combined.

Economic disruption caused by COVID-19 was interesting. California was the No. 1 state for global trade, with the Port of Los Angeles and the Port of Long Beach seeing growth that led all the U.S. rivals for the first time since 2020.

Investing in California marches on.

And so, the legislature and the Newsom Administration should capitalize on growth and wealth. They, among other things, should not punish rental property owners, agents, the millions of personnel, and businesses that serve the industry, nor should they dissuade capital investment providing rental housing by enacting incredibly harmful new or revised laws.

Our next article will focus on changes to the Emergency Rental Assistance Program (ERAP). Hopefully, the legislature recognizes property owners need to be renumerated and to do that requires structural changes to the ERAP. Ron Kingston is President of California Strategic Advisors and Legislative Advocate for the Apartment Association of Orange County. For questions regarding this article, please call AAOC at (714) 245-9500.

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ORANGE COUNTY LEGISLATIVE WATCH B y B ill C hristiansen , V ice P resident of G overnment A ffairs

Citizen Politicians and Rent Caps

F

rom Ronald Reagan’s Farewell Address to the Nation “[B]ack in the 1960s, when I began, it seemed to me that we’d begun reversing the order of things—that through more and more rules and regulations and confiscatory taxes, the government was taking more of our money, more of our options, and more of our freedom. I went into politics in part to put up my hand and say, ‘Stop.’ I was a citizen politician, and it seemed the right thing for a citizen to do.”

In Orange County we have 34 cities, all governed by citizen politicians who are elected by the voters of their respective city. We are fortunate to have nearly 250 citizen politicians serving as city council members in Orange County.

These individuals give up significant amounts of personal time to help govern their communities. While not all city council members share our values and support rental housing industry issues, most cities in Orange County do have clear majorities of council members

who do. AAOC supports city council members and others who, like Ronald Reagan, will say “Stop” to policies that can hurt our industry.

Our AAOC Political Action Committee exists to support candidates for elected office who share our values and who are committed to the defense of private property rights, free enterprise, small business, and responsible regulation of the rental housing industry. Over the next year, the AAOC Legislative Committee and AAOC Political Action Committee trustees will work to identify, vet, interview, endorse and approve contributions to the candidates running in the 2022 city council elections whose values align with AAOC and the rental-housing industry at large.

We are fortunate that no cities in Orange County currently have rent control or eviction moratorium ordinances that go beyond what has already been imposed at the statewide level through the legislative process. The

goal of the AAOC Legislative Committee is to keep things that way.

AAOC recently became aware, however, that a movement is afoot in Santa Ana to implement an aggressive and radical rent control ordinance in the city. The same Santa Ana activists who have twice failed to place rent control measures on the city election ballot, proposed to city officials in late June introduction of a new rent control ordinance by the city council. As of the writing of this article, AAOC is actively monitoring this development and working as part of a larger coalition of housing industry associations to fight this proposal and keep rent control out of Santa Ana. If Los Angeles-style rent control gains a foothold in Santa Ana, it could easily spread to other cities in the county.

AAOC will keep you apprised as this issue evolves in Santa Ana. However, if you have specific questions, please contact me at billc@aaoc.com.

California Rent Caps and Current CPI for Orange County Rent Increases California’s rent cap restriction law, AB 1482 by Assemblyman David Chiu, took effect in January 2020. It establishes a statewide cap on rent increase of 5% plus the regional Consumer Price Index (CPI) per year. The rent cap calculation is based on the CPI from April 1 of the prior year to April 1 of the current year.

Effective August 1, 2021, rent increases for the next 12 months in Orange County will be capped at 5% plus 3.6% CPI, for a total of 8.6%.

For more information, visit the Bureau of Labor Statistics website and refer to the western region, Los AngelesAnaheim: https://www.bls.gov/regions/west/news-release/consumerpriceindex_losangeles.htm).

If you have additional questions, contact AAOC Vice President of Government Affairs Bill Christiansen at billc@aaoc.com.

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Apartment News

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DEAR MAINTENANCE MEN

B y J erry L’E cuyer & F rank A lvarez

for the annual check.

Dear Maintenance Men,

Should I check smoke alarm batteries in my units or is that the residents’ job? Also, how often should I clean out my water heaters, not to mention A/C filters and so on? Linda

Dear Linda, 1. Most rental agreements have a check box that says the resident is responsible for the operation of the smoke alarm. The newest rental agreements now have a check box for carbon monoxide alarms. We lay awake at night thinking about that little check box. In order to sleep, we check the residents smoke and CO alarms every time we do maintenance on the unit. We keep a log of each time we check and what action was taken. The smoke and carbon monoxide alarms should be “officially” checked and logged at least once a year.

Typically, January is a good month

2. A typical 100-gallon water heater, depending on the BTU rating, will cost anywhere from $4,700 to over $6,500 installed. That cost alone should be incentive to clean out the heater regularly. Normally, the clean out should be done at least once a year. If the water at your building has a high mineral content, then it should be cleaned out every nine months. Again, keep a log of each clean out. It will help in remembering when to do the next cleaning.

3. If your building has forced air and heating, the filter should be checked, cleaned or replaced each October or November and each May or June.

This will help keep your systems working properly and reduce strain on the components. It will also ensure proper filtration before the winter and summer workloads.

4. Cleaning out the exhaust vent tubes

Dear Annie,

We have written about dealing with mice and rat issues in the past and below is what we recommend if you Maintenance Men — continued on page 12

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How do I get rid of mice or rats? I have found droppings in the house, and I’m not happy. I need a solution. Annie

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of the laundry room dryer. Everyone knows about cleaning out the dryer lint basket and throwing it on the laundry room floor. We’re talking about cleaning out the lines leading out the back of the dryer. Keeping the exhaust vent tubes clean will help cut down on gas and electric usage, longer machine life and shorter drying time and lint in these tubes have been known to be a fire hazard. It should be done at least once a year. Again, keep a log of each cleaning for reference.

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Maintenance Men — continued from 10 want to get rid of the rodents yourself.

Keep in mind that rats and mice are smart and conservative. They are not risk takers. In their minds, a trap out in the middle of the floor is too risky to investigate. Rodents will run along walls, rafters and other low exposure areas. Put the traps along these routes about ten feet apart. A good bait to use is peanut butter. Patience is king when

trying to trap a rat. Place all your baited traps, but do not set them for a day or two. Let the rat nibble at the bait danger free. This last part is the hardest to do. However, patience will win out. If you rush ahead and set the traps and the rat triggers one and is not caught; it will remember! Also, avoid using traps designed for mice. It will only annoy the rat and it will be smarter for it. The same goes for using rat traps to catch mice. The trap is too big and when

sprung may miss the mouse.

Using poison is another option.

Anticoagulant poison is very popular.

This poison causes the rat’s blood to thin. It will make him thirsty and when he drinks water, he will bleed internally.

When using this option, be sure to leave a saucer of water near the poison. The poison normally comes in bars that can be broken up into pieces. Remember, rodents hoard, so just because the poison is gone, does not mean they ate it. Put more until they stop taking it. The local hardware store should carry this product, but it is best to go to a farm supply store. They will have the best quality supply. Be careful with placement, so other animals do not eat this poison.

The hardware or farm supply store carry approved bait dispensers designed for rats or mice. Again, patience is rewarded. Before using poisoned bait, use crunchy peanut butter to let the rats get used to the bait station for a few days. Then add the poison bait with a little bit of peanut butter.

Glue traps are also a viable option. It is important to use large rat-sized traps.

Put the glue trap along a known rat runway, or along a ledge or rafter used by the rodents. It is important to nail or fasten the glue trap in place. Place a bit of peanut butter in the middle of the trap as an attractant.

Happy hunting!

Dear Maintenance Men,

I own a small apartment building with an average amount of landscaping around the property. I have a garden service that comes each week. They mow and edge, and do what they are supposed to do, I think, although they don’t spend a lot of time at the property. What should I expect from my landscaper or gardening service? John

Dear John,

We have a minimum list of items that must be completed at a property. If Maintenance Men — continued on page 14

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Apartment News

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Maintenance Men — continued from 12 these items are skipped or ignored, we feel the property will suffer. On a weekly basis, we expect the gardening service to provide the following: 1. Cut the grass.

2. Edge the grass.

3. Pull out weeds between the sidewalk cracks, walk around the building, including the alley.

4. Turn over the dirt in all the flowerbeds each week.

5. Pick up any trash around the property.

6. Broom, blow or hose down the walkways.

7. Turn on the sprinkler lines, check for clogged heads, broken lines, etc.

8. Check that the timer is set properly.

10. Maintain communication with the owner about problems or improvements.

The above list takes time, half an hour minimum at a small property. If your landscape gardener completed the list on a weekly basis, you could very well have the best-looking property on the block, which means higher rents. And if you add colored flowers, even higher rents!

Finding a landscape gardener to do above list consistently is not easy. Ask your local apartment association for recommendations or look in your neighborhood or city for a property with outstanding landscaping and ask who the gardener is. Request a quote according to your “list.” Keep in mind that a landscape gardener who provides the above service will charge more than a “blow and go” gardener, however, your property will reflect their above average service.

9. Cut, trim and thin any shrubs or bushes.

14

Apartment News

www.aaoc.com

July 2021

If you need maintenance work or a consultation for your building or project, please contact Buffalo Maintenance, Inc. to schedule an appointment.

We are available throughout Southern California and can be reached at 714-956-8371. For more information, visit www.BuffaloMaintenance.com.

Frank Alvarez is a licensed contractor and the Operations Director and Co-Owner of Buffalo Maintenance, Inc. He has been involved with apartment maintenance and construction for more than 30 years and frequently serves as a guest lecturer and educational instructor. Frank also serves as president of the Apartment Association of Orange County (AAOC) and chair of the AAOC Education Committee. Frank can be reached at (714) 956-8371 or Frankie@ BuffaloMaintenance.com.

Jerry L’Ecuyer is a real estate broker and a Director Emeritus of the Apartment Association of Orange County. He is a past president and longtime board member of the association, in addition to having served as chair of its Education Committee. Jerry has been involved with apartments as a professional since 1988.

July 2021

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15

CRAIG'S CORNER B y C raig K irkpatrick , V ice P resident , M organ S kenderian I nvestment R eal E state G roup

Commentary from a Broker, Owner and Manager Perspective

Inflation and Proposed Tax Changes

R

ising inflation and tax changes are two developments that have recently surfaced, so let’s take a look at them.

INFLATION —

As of the writing of this article, inflation has spiked. Depending on who you listen to, you either think the “sky is falling” or there’s nothing to worry about and this inflation spike is transitory. In April, the inflation rate of 4.2% topped mortgage rates of 3.1% for the first time since 1980.

The Fed, however, believes this is transitory. The Fed has a tough juggling act to keep inflation mild and employment high, and has done this largely by keeping interest rates historically low.

Now, the Fed is ignoring new inflationary hints like soaring prices in commodities (gas prices), durable goods (used autos) and homes (record values) that this low interest-rate policy helped create.

However, the Fed says an increase shouldn’t be a surprise, especially in light of the economy evolving out of the COVID pandemic at unprecedented rates and in untypical ways. For example, three sectors — used autos, public transportation and lodging away from home, though making up only 6.5% of core CPI, imposed a major impact on the inflation trend. For instance, used autos, largely due to semiconductor shortages stunting new car production and sales, made up nearly one-third of the 3-point rise in Core CPI. Of course, we know that recent price increases in

16

Apartment News

airline fares and hotels and motels reflect the easing of COVID- related restrictions.

The Fed believes these one-time increases of prices are likely to have only transitory effects on inflation and expects inflation to return to — or slightly above — their 2% long-term goal in 2022 or 2023. This is open for much debate, and opinions seem to swing as new data points are released.

TAXES —

President Biden recently proposed tax code changes that, if passed, would dramatically change our tax and estate planning. Though this is a proposal only, the president whose party controls Congress is proposing it. President Biden says this proposed change to the tax code would fund his multi-trillion “American Families Plan.”

Here are some of the highlights or lowlights: Basically, the three aspects of our business that are threatened are: 1. 1031 Tax-Deferred Exchanges 2. Capital Gains Tax 3. Step-up in basis

Limitation on 1031 Tax-Deferred Exchanges:

The proposed change to IRS Section 1031 would affect real estate investments where the profits exceed $500,000.

Nationwide, approximately 70% of deals included a 1031 exchange with 80% of these transactions exceeding $500,000

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July 2021

in deferred gain. This would affect most all of us!

Increase in Capital Gains Tax:

Today the Federal Capital Gains Rate is 23.8% (includes Capital Gains Tax + Medicare Surcharge on Net Investment Income). Biden’s proposal would increase this Capital Gains Tax rate from 23.8% to 43.4%. Adding in California’s rate of 13.3% would push the total to 56.7%.

Elimination of Step-up Basis:

The bill includes an exemption of $1 million for individuals and $2 million for married couples, but eliminates step-up above these levels. The increase in capital gains tax and elimination of the step-up in basis go hand in hand in efforts to increase tax revenue from real estate owners. This would affect our heirs.

If passed, there are three options on the table as to when these tax changes might be implemented: 1. Retroactive to January 1, 2021 (unlikely) 2. Date bill is passed; and 3. January 1, 2022.

To summarize: • We know the capital gains tax is as low as it will be, but we won’t know the increase until the bill works its way through Congress.

Craig’s Corner — continued on page 20

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17

June General Membership Meeting Recap

A

s the California economy officially “reopened” on June 15, many questions remained regarding new health and employmentrelated guidelines for businesses to follow. These questions and many other burning COVID concerns were discussed that evening during the AAOC General Membership Meeting entitled “Getting Back to Business: What You Can Expect in a ‘Post Pandemic’ California.”

Colin Calvert, a partner with the law firm Fisher Phillips, LLP reviewed the guidelines issued by the California Occupational Safety and Health Administration (Cal/OSHA), which included the provision that employees who are fully vaccinated will no longer need to wear face coverings. Individuals who are not fully vaccinated, must wear

coverings when indoors or in vehicles with other employees. Employers must provide N95 masks upon request.

However, a new revision states that employers must allow fully vaccinated employees to wear face coverings, if they so desire, without fear of retaliation.

Calvert also advised that employers will be required to “have documented” that a person is fully vaccinated.

Employers can request the vaccination card, but Calvert is recommending not to retain a photocopy of the card, but simply confirming or having the employee sign a form verifying vaccination. Calvert was hesitant to the idea of keeping card copies, due to the potential for the document to be misused, stolen, or pirated.

If there is an outbreak of COVID-

Colin Calvert (Fisher Phillips LLP) offers guidance to AAOC members on employer compliance with new CalOSHA regulations pertaining to COVID-19 in the workplace.

18

Apartment News

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July 2021

19 in the workplace, employers are required to provide a written notice, along with a “verbal notice” if they reasonably know than an employee has not received the written notice or has limited literacy in the language in which the written notice was provided.

Fully vaccinated employees without symptoms generally will no longer need to be excluded from the workplace after exposure to COVID-19. This also extends to relief from having to exclude employees who were in close contact if they had COVID-19 within the last 90 days and have remained symptom-free.

Employers must make COVID-19 testing available at no cost during paid time to employees with COVID-19 June Meeting — continued on page 20

AAOC Vice President of Government Affairs Bill Christiansen provides an update on California’s COVID-19 Eviction Moratorium and legislative efforts seeking to extend the June 30, 2021 sunset deadline.

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19

June Meeting — continued from 18 symptoms who are not fully vaccinated.

Employees may bring a wage claim to recover unpaid “continued earnings” when excluded from the workplace.

The revisions also specify that employees must be paid their regular rate of pay by the next regular pay day.

In conclusion, Calvert stated that you can have a mandatory COVID vac-

Craig’s Corner — continued from 16 • Right now experts think there would be at least a 90-day window where deals could transact with the current regulations on taxes and 1031 exchanges in effect.

• If you plan on doing anything with your real estate in the next 4–8 years there might be no better time to look at your options to reposition your assets for the next cycle.

cination policy in place, but bear in mind that medically or religiously stated exclusions are protected.

AAOC wishes to thank Kay Properties for its sponsorship of the General Membership Meeting and its continued support of the association and its members.

Please note, AAOC will be “going dark” for the summer and will hold its next General Membership Meeting on

Tuesday, September 21, 2021 at 7 p.m.

The meeting will be presented as a hybrid event, with limited seating capacity in the AAOC Conference Room in Santa Ana and live streaming via Zoom. Details regarding meeting registration and in-person attendance will be announced via email and in the August issue of Apartment News.

• Values have held strong despite the COVID-19 pandemic.

Stay tuned to AAOC to stay current with future developments, and to take action on any Red Alerts related to these issues.

If you would like to chat with me about any of this or a free market analysis of your property, please email me at ctk@morganskenderian.com.

• Inventory is low (driving values up).

• Interest rates are low.

• Ability to transact 1031 exchanges still exists.

• This might be the lowest capital gains tax rate we will see during this administration.

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21

A Mid-Year Market Check-In

T

he restrictions of the pandemic appear to be behind us. Even Disneyland has re-opened and everyone is hopeful that there will be a full economic recovery.

But is that really possible? What about real estate and the housing market?

We all know that home prices skyrocketed. However, now we are seeing a slight pullback.

Certainly, the same cannot be said for other real estate sectors. Rental property values have definitely been challenged. But the overall picture is one of neither a balloon burst nor a crash.

Sellers have not flooded the market and buyers have not fled.

For the last ten months, using MLS (Multiple Listing Service) data, I have been taking periodic snapshots of fourunit property sales in Orange County.

Between July and August of last year, active listings decreased by 16% from 67 to 56. This downward trend continued through the end of the year and into January. By the first of February, the number dropped to 39 active fourplex listings and has continued to hold steady with 35 properties listed for sale as of June 22nd.

As might be expected, sales reflected a similar pattern. What is interesting is that the numbers for expired and cancelled listings also dropped significantly. In mid-August of last year, 37 properties were listed as expired and another 23 contracts as cancelled. Ten months later, those numbers are 27 and 10, respectively. That’s a 37% decrease

22

Apartment News

for expired listings and 130% for cancellations.

All of the above statistics demonstrate that there is a demand. But, when you look at prices, nearly 90% of the active listings are being offered at less than originally priced. Researching a little deeper into those properties that sold within one to two months versus others on the market for longer periods of time, the reality is that although there is demand, buyers are cautious about what they are willing to pay.

Unlike what happened in the singlefamily market, there has been no “feeding frenzy.”

So what are four-plex buyers seeking?

Low mortgage rates have made buying real estate attractive. Investors are also looking for opportunities that offer cash flow, plus an upside potential.

However, with the realities of statewide rent control and the uncertainties of how long the eviction moratorium will last, buyers want to see that the numbers make sense or, at least, the potential is there.

Prices are definitely up from where they were as the realities of the pandemic gripped Southern California, delinquency rates soared and apartment owners had to figure out how to operate under new protocols and in a much more virtual world.

Despite the downward pressures on the rental market, investing in residential income property has remained popular. A look at recent sales shows that a well-priced four-plex will close

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July 2021

BY SONYA LOERA

within one-to-two months. Properties on the market for five or six months or longer have sold as well, but usually only after one or more price adjustments.

The question remains — what is ahead? During the mid-June meeting of the Federal Reserve, there was an acknowledgement by Chairman Jerome Powell that some of the dynamics of the reopening are “raising the possibility that inflation could turn out to be higher and more persistent than we anticipate,” but the anticipation is that there will not be rate hikes until 2023.

A combination of low mortgage rates and a stronger economy is good news, but what apartment owners need to watch is what happens in terms of income and expenses. That topic has been touched upon in previous articles but may bear some further consideration.

At the moment there are probably more questions than answers, but as an apartment owner and investor, the very fact that you are continuing to read, learn and stay aware is one of the best protections that you can ever find.

About the Author: Sonya Loera joined WR Gorman & Associate in 2013.

With a background in accounting her expertise encompasses that of officer manager, property manager, transaction coordinator and real estate agent.

Founded in 1972 by William (Bill) R. Gorman, this Brea(CA)-based firm focuses on personalized wealth building through real estate. With a client-first philosophy, the firm serves as an expert resource for informed decision-making and transitioning that creates sustainable legacies for investors and their heirs.

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23

New Legislation Aims to Bolster Affordable Housing Special from the National Apartment Association

O

n May 20, 2021, Senators Coons (D-Del.) and Kramer (R-N.D.) introduced S. 1820, the “Choice in Affordable Housing Act,” a bipartisan piece of legislation that will increase investment and reduce programmatic barriers to attract and retain robust housing provider participation in the Section 8 Housing Choice Voucher (HCV) program.

The National Apartment Association (NAA) proudly supports the

“Choice in Affordable Housing Act” and applauds both senators for their work on this bill, which addresses many of the burdensome barriers that complicate and deter housing providers’ participation in the HCV Program.

Importantly, the proposal maintains the voluntary nature of the program, as Congress intended.

The HCV program is the nation’s primary and most successful rental subsidy program. Over the years, NAA has

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continued to strongly support the program as a central part of the solution to the housing affordability crisis. However, reforms are needed to relieve its inefficiencies, eliminate burdensome regulatory requirements and incentivize more housing provider participation.

A U.S. Department of Housing and Urban Development (HUD)-funded study found that 68 percent of rental New Legislation — continued on page 26

Do you know…

AAOC has continually fought and prevailed against Rent Control in Orange County since 1961?

July 2021

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25

New Legislation — continued from 24 property owners in the study’s dataset who refuse to accept voucher holders had, in fact, accepted them previously, a testament to the program’s programmatic challenges.

Revitalization of the HCV Program has remained a key priority for NAA and the industry it represents; in fact, it was a key priority at this year’s Lobby Day. In 2018, NAA gathered industry experts to identify the most significant challenges for owners and operators.

We proposed practical solutions that would incentivize voluntary participation in the HCV Program and optimize its potential for success. Due to NAA’s strong, continuous advocacy, many industry asks were included in the bill, such as: • Incentive payments to new housing providers who operate in areas of opportunity, in order to increase renters housing choice and access.

• Administrative fee bonuses for Public Housing Authorities (PHAs) that administer the program to hire “landlord liaisons.” Liaison would serve as a dedicated resource for program participants to resolve challenges and provide consistent guidance and training.

• Application of Small Area Fair Market Rent (SAFMR) methodologies in more jurisdictions to ensure accuracy of payments and alignment with market rates, including an exception to prevent SAFMR calculations from decreasing rent payments.

• Security deposit assistance to help voucher holders with upfront housing expenses and provide housing providers greater protection against damages.

By speeding tenancy approval processes, reducing duplicative inspections requirements and providing better ongoing support for housing provider participants, the “Choice in Affordable Housing Act” will encourage more voluntary participation in the program and, most importantly, increase positive outcomes for participating owners and residents alike.

We urge members to contact their Senators and urge their support for S. 1820, “Choice in Affordable Housing Act”!

For any questions on Section 8, please contact Jodie Applewhite, Manager of Public Policy, at japplewhite@naahq.org.

• Inspection reciprocity so that owners and operators already subject to other federal inspection protocols satisfy HCV requirements.

• Allow for “pre-approval” of units where a new housing provider participant can request an inspection of units and use that inspection to lease to a participating resident within 60 days.

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Visit www.AAOC.com or call 714-245-9500 for more details!

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AAOC Multifamily Mingle Recap

T

he Apartment Association of Orange County’s (AAOC) Multifamily Mingle made a triumphant return on June 24, 2021 — as the association presented its first inperson event of the year and its first Mingle since February 2020. The networking mixer was met with great enthusiasm as nearly 150 multifamily

industry professionals, industry suppliers, and other guests gathered at Hangar 24 Craft Brewing in Irvine, under gentle breezes and a spectacular summer sunset, for an evening reconnecting with colleagues, making first-time connections with others, and celebrating the “reopening” of the California economy and the end of COVID masking require-

ments and gathering restrictions.

AAOC wishes to thank its generous sponsors who helped to make the Multifamily Mingle possible: ADT Multifamily, CBRE, DTS, Green Home Solutions, Guardian Roofs, Livable, Optim Real Estate, Spicer Mechanical, Mingle Recap — continued on page 30

From left to right: Members of your AAOC team — Spartacus Avina, David Cordero, Sandy Gimpelson, and Bill Christiansen.

From left to right: Brandon Cutler (Urban Surfaces) and Hector and Jennifer Barragan (OC Professional Maintenance Team).

From left to right: Hector and Jennifer Barragan (OC Professional Maintenance Team) and Jesse Hyter (Hyter Management Company).

From left to right: Darcy Wagner (Zumper), Dan Lukes (Clear Capital, LLC), Stefanie Koslosky (The Liberty Group), David Cordero (AAOC), Vicki Bishop (Clarion Management), and Gabe Jones (CheckPoint ID).

28

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July 2021

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29

It was a full house as AAOC and its Multifamily Mingle converged on Hangar 24 Craft Brewery in Irvine.

Mingle Recap — continued from 28 SVN/Vanguard, and Zebra Construction, as well as AArrow Sign Spinners for the directional signage and their team of spinners.

From left to right: Samantha Mo, James Rosenthal, and AAOC Board Member Julia Araiza (Pacifica Company)

The next AAOC Multifamily Mingle will be presented this fall, with a formal event announcement and details later this summer. However, your next chance to attend an AAOC networking event will be the AAOC Summer Cruise on

Thursday, August 12, 2021, followed by the AAOC Trade Show & Conference on Thursday, September 30, 2021 at OC Fair & Event Center.

We hope to see you soon.

From left to right: Gabe Jones (CheckPoint ID), Michael Brown (Advanced Management Company), and Karen Kaye.

From left to right: Members of your AAOC team — Spartacus Avina, David Cordero, Debbie DiBernardo, and Bill Christiansen.

From left to right: Jennifer Barragan (OC Professional Maintenance), Elsa Laufer (Clarion Management), Jen Halstead (Greystar), Sylvia Lariz (Clarion Management), and David Cordero (AAOC). Back row: Aaron Rose (Greystar) and Jeanette Mendez (ADT Multifamily).

From left to right: Rose Barrantes (Optim Real Estate), Mikel Persky (Mobile Doorman), and Cindy Morrison.

30

Apartment News

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July 2021

Mingle Recap — continued on page 32

Mingle Recap — continued from 30

From left to right: Jovan (Jojo) Bohorquez (Greystar), Austin Mitchell (RentPath), Laura Lemansky (Rentgrata), Naomi Bailey (Parcel Pending), and Denise Brandl (RentPath).

From left to right: Simon Ma (Clarion Management), Sylvia Lariz (Clarion Management), Jeanette Mendez (ADT Multifamily), Elsa Laufer (Clarion Management), and Carlos Magana (Clarion Management).

From left to right: AAOC Board Member Nathan Poth (LoCali Management) and Jen Halstead (Greystar).

From left to right: Debbie Halverson (Deans & Homer) and Jenn Simpson (Lincoln Properties).

From left to right: Michelle Lopez poses with Darcy Wagner (Zumper).

Thanks to AArrow Sign Spinners for the directional signs and spinning crew at the event.

From left to right: Mikel Persky (Mobile Doorman) and Dan Lukes (Clear Capital, LLC).

From left to right: Vicki Bishop (Clarion Management) and Laura Lemansky (RentGrata).

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33

Vulnerability & Retrofitting 101 How to Know if Your Rental Property is at Risk… and What You Can and Should Do About It.

The Apartment Association of Orange County and Optimum Seismic invite you to a free informational workshop on seismic retrofitting and the steps you can take to protect your rental property investment.

In addition to more cities starting to consider local retrofitting ordinances, state law will soon require all multifamily properties to undergo inspections of their decks, balconies, stairways, and more.

Get the facts about seismic retrofitting and decide the best course of action for your rental property: • Soft-story buildings and the importance of seismic retrofitting • Are seismic retrofitting ordinances coming to Orange County?

• Identifying areas of structural vulnerability on your rental property • The different types of buildings that can be retrofitted and what is involved • Reasons to Retrofit — Protecting your residents, your staff, and your investment • The cost of seismic retrofitting and financing alternatives

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Monday, July 12, 2021

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Register Online: www.AAOC.com 34

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July 2021

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ONLINE EDUCATION

Rental Property Insurance: The Six Things You Need to Know Right Now The cost of owning and operating rental property continues to increase, with insurance undoubtedly being one of the greatest cost drivers.

Learn about the factors and trends that are having the greatest effect on insurance premiums and coverage for multifamily properties, steps you can take to contain certain costs, and more.

• Common exclusions on your property & liability policies

• General property insurance rates • Reconstruction costs after a Loss • Social inflation driving umbrella/excess liability coverage costs

• What are underwriters looking for when quoting your property?

• Risk transfer — tenant insurance requirements

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37

Pulse on the

A Quarterly Review of Key Financial

1st Quarter 2021 Update Apartment Data

Orange County

USA

Data Source Qualifications

1st Qtr 2019

1st Qtr 2020

1st Qtr 2021

1st Qtr 2019

1st Qtr 2020

1st Qtr 2021

34

25

60

2,968

3,095

3,101

$279 Million

$166 Million

$766 Million

$36.6 Billion

$39.4 Billion

$33.4 Billion

• Actual Average Cap Rate

4.47

4.39

3.91

5.83

5.42

5.27

• Average Gross Rent Multiplier

13.58

14.29

15.58

13.86

13.71

14.13

• Price per Square Foot

$296.81

$299.07

$377.21

$151.83

$163.41

$157.03

• Price Per Unit

$256,995

$248,930

$359,314

$149,306

$159,473

$155,589

$2,082

$2,152

$2,172

$1,374

$1,431

$1,421

Annual Effective Rent Growth

1.8%

3.3%

0.6%

3.3%

2.9%

–.9%

Concession Percentage

2.1%

2.7%

3.9%

3.5%

3.6%

6%

Average Occupancy Rate

95.9%

96.5%

96.8%

95.2%

95.6%

95.5%

Source: RealPage, Inc. Source: US Bureau of Labor Statistics; uses private sector wages, last month of quarter; not seasonally adjusted

Total Apartment Sales Transactions Total Sales Volume

Average Rent Level

Average Monthly Employee Wages** Apartment Building 2–4 Units Permits Issued by total # of units 5+ Units (not buildings)**

$4,714

$4,958

$5,208

$4,131

$4,290

$4,504

550

521

479

5,500

10,000

12,600

4,225

4,651

6,182

97,000

99,500

118,400

Source: Co-Star www.costar.com 5 unit + properties

Source: RealPage, Inc. www.realpage.com Primarily 100 unit + properties; “concession percentage” is the percentage of units offering concessions.

Source: U.S. Census Bureau: Privately owned, new construction

Consumer Price Index*

2.7%

1.9%

2.6%

1.9%

1.5%

2.6%

Source: U.S. Bureau of Labor Statistics; % change using last month of quarter versus same month one year previous

Unemployment Rate**

4.2%

5.0%

9.9%

3.8%

4.4%

6.0%

Source: U.S. Bureau of Labor Statistics; reflects last month of quarter

Pulse on the Marketplace is produced and edited exclusively for Apartment News by Nick Lieberman, President, Bona Fide Mortgage and AAOC Board Member. For questions or comments: (949) 651-0999, or nlieberman@cox.net * For CPI, “Orange County” includes Orange, Los Angeles, and Riverside Counties. ** For Apartment Building Permits, Average Monthy Employee Wages and Unemployment Rate, “Orange County” includes the Los Angeles– Long Beach–Anaheim, CA Metropolitan Statistical Area.

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Marketplace

Data for the Apartment Investor

Inflation — Is It Baa-aack?

BY NICK LIEBERMAN

And if so, is it good or bad for rental housing?

F

or those old enough to remember, inflation used to be “a thing.”

If around during the Carter Presidency (1977–1981) you experienced some of the most harrowing years, as double-digit inflation seemingly became an entrenched feature of the U.S. economy.

Punishing inflation — it peaked at 13.5% in 1980 — weighed on America, inflicting hurt on a broad spectrum of society, from families having to dig deeper and deeper into pocketbooks to buy groceries, to businesses and investors confronting debilitating borrowing rates. Mortgage rates spiked into the mid-teens and bank prime rate topped out in nosebleed territory at 21.5% (that benchmark rate is presently 3.25% as of the writing of this article on June 14, 2021). High inflation and its resultant financial trauma continued to afflict the economy through the 1980s…bank prime was at the still very unpleasant level of 11.5% as late as 1989.

But then inflation went quiet for thirty years. The Consumer Price Index (CPI), the most commonly used index to measure inflation, averaged just 2.38% from 1991 through 2020, with the past ten years registering at barely a whisper, at an average 1.73% annual rate. In fact, it had become so de minimis in the eyes of some economists that deflation had become a greater source of worry than inflation.

But hold on…could inflation now be emerging from its multi-decade hibernation?

While the adjacent chart shows CPI

at a relatively benign 2.6% at close of Q1 2021, the rate has climbed sharply the past few months, reaching 4.2% in April and then 5% in May, and a number of prominent market observers have voiced concerns that inflation could potentially be reemerging as a disruptive economic factor.

Former U.S. Treasury Secretary Larry Summers, a Clinton appointee, and former chair of the Global Development Council, Mohamed El-Arain, an Obama appointee, are among the higher profile economists to question messaging from Fed Chairman Jerome Powell and U.S. Treasury Secretary Janet Yellen, both of whom have repeatedly stated that recent higher inflation is thought to be “transitory,” i.e. NOT a long-term, structural problem.

Dr. Ed Coulson, an economist at UC Irvine and Director of the UCI Center for Real Estate, who studies inflation and teaches about it, finds the case for temporary inflation to be a reasonable view. He points out that “the pandemic has had profound impact on supply chains, causing scarcity shocks in raw materials, parts and finished goods, forcing prices higher in the short term.”

But Dr. Coulson expects successful COVID vaccine roll out programs to gradually reverse the balky supply lines as vaccinated workers return to jobs and business operations bounce back. He emphasizes that supply chains are largely integrated within a global network, stressing the critical importance of getting vaccines distributed worldwide to July 2021

ultimately achieve a more normalized international movement of goods and services and an improved equilibrium in supply-demand relationships that affect the pricing of goods and services.

Regardless of which way investors may play the transitory inflation versus extended inflation proposition, it seems undeniable that some upward inflation is presently deploying into the economic biosphere.

Regarding rental-housing investors, netting out the pluses and minuses, it’s hard to envision that inflation would bring lasting benefits. While one might anticipate some upward pressure on real estate values from inflation, there would also be detrimental impacts like increased labor and general operational costs and a basic financial toll taken on the working-class citizens that comprise the customer base (tenants) in most multifamily communities.

On balance, and this is not breaking news, stable, moderate inflation works best for consumers, businesses and governments. It allows everyone to budget, assess financial risk and predict financial outcomes more accurately, which in turn fosters confidence in investment and spending, and “faith in the future,” a vital component of healthy economies.

The traditional inflation antidote has been a dose of higher interest rates.

Not a pleasant thought, but nevertheless a likely necessity to preserve marketplace order and maximize productivity and prosperity over the long haul.

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Online Rental Applications

Experian Credit Report with Score Nationwide Eviction & Criminal Safe to Use! We Handle All Compliance Collect Rent Online through PayRent

Free to you; $29.95 for applicants

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July 2021

Captain Sponsor

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July 2021

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ONLINE EDUCATION

The Multifamily Real Estate Market: Time to Buy, Sell, or Exchange?

The southern California multifamily real estate market has fortunately remained healthy and stable, and continues to represent a good investment opportunity.

Some rental property owners, however, have chosen to get out of the rental business entirely or have exited the California market and invested elsewhere in the country. Other owners are evaluating their options and long-term plans.

So, what should you be considering for your own rental-property portfolio? Our expert panel will offer their insight and whether it’s time to buy, sell, or exchange.

Date: Time: Location: Cost:

Featuring:

Chris Keramati Managing Partner Triqor Group

Dan Blackwell Executive Vice President Capital Markets, Multifamily CBRE

Register at www.AAOC.com Zoom Link to be Provided Upon Registration.

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Wednesday, July 14, 2021 10–11:30 a.m.

Zoom Webinar $20 members $45 non-members

Modernize your business with one powerful platform

Finally, property management software that gives you the clarity to focus on what matters most.

Intuitively designed to delight your residents and staff. Smartly automated so you have the time to run your business and scale your vision.

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July 2021

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SEXUAL HARASSMENT Are Your Employees Up to Date on Prevention Training?

Senate Bill 1343 requires that all California employers with five or more employees provide sexual harassment prevention training to both supervisory and non-supervisory employees.

Training must take place within six months of hire or promotion and every two years thereafter.

This Workplace Harassment Training will cover: n Sexual Harassment

n Sex Discrimination

n Title VII Civil Rights Act

n Investigating Complaints

n Prevention of Claims

A Certificate of Completion will be provided to each attendee who completes the training.

Date:

Thursday, July 22, 2021

Time:

9:00–11:00am

Location:

In-Person @ AAOC Office Online via Zoom

Cost:

Members — $55 Non-Members — $75

Presented By:

Colin Calvert Fisher & Phillips, LLP

Register Online: www.aaoc.com 44

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July 2021

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ONLINE EDUCATION Unconstitutional Threats to the Rental Housing Industry

Even before the COVID-19 pandemic, rental property owners across the country were experiencing with greater frequency, increasingly flagrant assaults on their property rights at the hands of government. The pandemic only served to further embolden government officials to impose even more expansive and potentially devastating restrictions on them and their business operations.

What recourse do rental-property owners have when it comes to federal, state, and local restrictions on evictions and other modifications of rental agreements? Can government officials’ authority be limited when it comes to issuing and enforcing executive and emergency orders? What can be done when government actions result in takings of private property?

Join AAOC as it welcomes Dr. John Eastman, Founding Director of the Claremont Institute’s Center for Constitutional Jurisprudence and a Senior Fellow of the Claremont Institute, to address these and any other critically important Constitutional issues that threaten the rental housing industry.

Featuring:

Date:

Tuesday, July 27, 2021

Time:

9–11 a.m.

Location: Zoom Webinar Cost: John Eastman Founding Director Claremont Institute Center for Constitutional Jurisprudence

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$35 members $50 non-members

Register at www.AAOC.com Zoom Link to be Provided Upon Registration.

50% of the proceeds will be directed to AAOC’s Legal Defense Fund.

July 2021

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Vinyl Planks 6–12mil

General Wire Replacement Cables: 3/8”; ½”, 25’, 50’, 75’ or 100’, Regular head, DH or DDH

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Dishwasher: 18” or 24” Hotpoint or Frigidaire

VERTICAL MAILBOXES: 3, 4, 5, 6, or 7 doors

Hill Bros & Life Paint Decks (Magnesite & Concrete)

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Nylon or Polyester 17oz–30oz

Thru-the-Wall A/C: 12k BTU (115V/220V) Frigidaire, Friedrich, Garrison

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COOKTOPS: 24”; 30” & 36”

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The Benefits of AAOC Membership Founded in 1961 as a nonprofit trade organization, the Apartment Association of Orange County represents the interests of those involved in owning, managing and maintaining rental property.

Membership is open to all owners of residential income-producing property. Whether you own one or one hundred units, the AAOC is here to serve your needs.

As a one-stop resource for information and specialized rental property services, the AAOC offers a host of benefits, including: – Free consultation from our trained membership counselors – Up-to-date rental and legal forms – Thorough resident screening services – Legislative representation aimed at protecting your investment and defending your property rights, both at the state and local levels

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– Special seminars on topics such as taxes, property maintenance and management, fair housing and much more – Informative monthly membership meetings covering a variety of topics throughout the year – The rental-housing industry’s premier trade show and conference held on an annual basis – A free subscription to the very magazine you’re holding right now, Apartment News

A SPECIAL WELCOME TO OUR NEWEST MEMBERS! 1529 Greenwich Way — Current Management Buffalo Ave. John Baley Juliet Aucreman Kirk Mueller Lincoln Village Apartment Homes — Cushman & Wakefield Marcy Kriege Markay Family Ltd Partnership Mission Grove Park — Greystar Shim Properties Stone Canyon – Greystar The Jacobson Company The Oasis — Greystar The Waterfront — Greystar UATW

New PSC Members GFIRST ONSITE Restoration Lisa McCollough 1275 N. Grove St Anaheim, CA 92806 (619) 537-9499 lisa.mccollough@firstonsite.com Perch Wealth J.P. Ledesma 145 S Fairfax Ave 9940 Research Drive #200 (949) 539-4200 JPLedesma@perchwealth.com Ygrene Energy Fund Emily Ramey 2100 South McDowell Blvd.

Petaluma, CA 94954 (415) 261-7578 emily.ramey@ygrene.com

B OP C For details about membership, please call Membership Services at (714) 245-9500, or visit us on the web: www.aaoc.com

BTUC

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Did you know AAOC is on Facebook?

“Like” us on Facebook to get up-to-date news, information on educational opportunities, updates on legislative activity and much more!!

PLAN FOR THE FUTURE:

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July 2021

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Featuring

Product & Service Council Members

PSC CORNER

Ygrene Energy Fund

AArrow Sign Spinners Who We Are The AArrow Sign Spinners have revolutionized the old human directional concept into an original, eye-catching, street-level advertising performance that actually grabs attention and drives traffic straight into your leasing office, website, storefront or wherever! We have worked with some of the largest and most recognized apartment management companies in the U.S., including Alliance Residential, Cushman & Wakefield, Greystar Real Estate Partners and Lincoln Property Management.

AArrow Really Is Different All AArrow Sign Spinner campaigns include professionally trained, managed, uniformed and fully insured AArrow Sign Spinners. And all of our sign spinners are our own employees. We don’t utilize third party labor or temp agencies to fulfill our staffing like many other companies do! All of our sign spinners are trained to not only spin the sign to get people’s attention, but to stop and advertise the message on the sign once they have it — creating an inperson interaction and positive impression. Work shifts and spinner locations are tracked by an in-phone app and GPS monitoring. And spinners are audited regularly by their local general managers on appearance, performance and enthusiasm. AArrow employees really enjoy sign-spinning, getting attention and driving traffic to their client’s business or event.

What AArrow Can Do For You Perfect for Grand Openings, Lease-Ups and to promote special incentives (i.e. Free Rent, New Luxury Apts., Pets Welcome, etc.), AArrow Sign Spinners will add a human element to your marketing and will bring your message to life, reaching thousands of consumers in your area — all the while putting a smile on your customers’ faces.

Contact For further information on AArrow Sign Spinners, please visit our website at www.AArrowSignSpinners.com. Or if you have any questions or would like a job-specific quote, please contact Mike McCullough directly at 949-874-0062 or via email at MikeMcCullough@AArrowAds.com

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Commercial Property Assessed Clean Energy (C-PACE) is a decade old finance tool that enables energy and water efficiency, seismic retrofitting and electric vehicle charging infrastructure, renewable energy, and fire resiliency improvements on multifamily buildings, among other commercial property types. Retroactive financing through C-PACE allows multifamily property owners access to capital for PACE eligible projects completed in the last five years.

Ygrene C-PACE financing is viewed as gap financing which compliments, rather than replaces, traditional commercial financing. Depending the size of the C-PACE project and underlying asset, interest rates on C-PACE financing are comparable to other traditional finance options but with far more favorable terms. Multifamily property owners are utilizing C-PACE to replace more expensive mezzanine debt or preferred equity, ultimately lowering the blended cost of capital for the project.

When considering a project’s capital stack, Ygrene C-PACE financing works well with federal and state incentive programs, such as tax credits, tax incremental financing, bond financing, and utility rebates. Moreover, with the special tax attached to the property, there is an opportunity for the multifamily property owner, in certain situations, to pass the special tax along with some of the savings through to commercial tenants.

Ygrene C-PACE benefits include: (i) 100% upfront financing with no required down payment (ii) competitive fixed market rate interest (iii) self-amortizing principal and interest payments (iv) long-term maturity based on the useful life of the improvements, often lasting between 20 and 30 years (v) no prepayment penalties and the ability to partially prepay at any time (vi) nonrecourse obligation with no personal guarantees Ygrene C-PACE proceeds are repaid by a special tax lien, paid through property taxes, which attaches to the property thereby eliminating any personal liability or credit constraints to the property owner. A Ygrene C-PACE project can often generate cost savings which exceed the annual assessment amount resulting in a more energy efficient, sustainable property, increased property values and immediate positive cash flow.

Contact us to learn more and see if your multifamily building qualifies today! commercial@ygrene.com or (866) 634-1358.

PRODUCT & SERVICE COUNCIL’S

Service Provider Directory (Please see Product & Service Council Contact Index for contact information) All Product & Service Council Members have signed a Code of Ethics stating that they shall provide the rental-housing industry with the highest standard of integrity, honesty and professionalism.

Access Control Solutions

Asphalt Sales & Service

Carpet Sales & Service

A.S. Wise, Inc. The Flying Locksmiths

GuardTop, LLC Oliver Mahon Asphalt Rose Paving LLC

Orco Apartment Supply, Inc. R&B Wholesale Distributors, Inc.

Attorneys

Titanium Restoration Services Company

Accounting Software Yardi Systems Inc.

Answering Service Anyone Home

Apartment Building Inspection Green Home Solutions TrueEnviro Zebra Construction Inc.

Apartment Market Research Data ALN Data Apartment SEO CBRE Multifamily SoCal – Dan Blackwell & Team Yardi Systems Inc.

Apartment Rental Publications & Services apartments.com RentPath

Apartment/Student Housing ARIZE Kairos Investment Management Company LaundryUp RokitNow Titanium Restoration Services Company Vesync

Cleaning Service

Duringer Law Group, PLC Fisher & Phillips Kimball, Tirey & St. John LLP Company Newmeyer & Dillion, LLP ReassureRent Schiff & Shelton David S. Schonfeld, A Professional Law Corp.

Wesierski & Zurek, LLP

Cox Communications ICF for SoCalGas Multifamily Energy Efficiency Rebates TouchPoint

Concrete Maintenance & Repair AMS Construction Buffalo Maintenance, Inc. OC Concrete LLC Rose Paving LLC Oliver Mahon Asphalt

Construction

Boiler Systems DCM Services, Inc ICF for SoCalGas Multifamily Energy Efficiency Rebates Ironwood Plumbing, Inc. Spicer Mechanical Water Heater Man, Inc.

ACE Commercial Laundry Equipment, Inc. Consolidated Appliance Rentals Expressions Home Gallery L and D Appliance Corp.

National Service Company Orco Apartment Supply, Inc. R&B Wholesale Distributors, Inc.

Optim Real Estate Services Company PAS Purchasing Solutions

Communications

Baldwin Construction Buffalo Maintenance, Inc. California Bath Restoration FSI Construction HandyCrew Services, Inc. OC Professional Maintenance Team Titanium Restoration Services Company

Buying Group

FIRST ONSITE Restoration

Duringer Law Group, PLC David S. Schonfeld, Attorney at Law Kimball, Tirey & St. John LLP Company

Bath Restoration or Renovations

Appliances Sales, Service & Leasing

Asbestos

Collections

Cabinets/Refinishing Andersen Cabinets Buffalo Maintenance, Inc. S M Painting Corp.

The Door & Window Company

Carpentry AMS Construction Buffalo Maintenance, Inc. Buildian Construction Services, Inc.

July 2021

AMS Construction Angelo Termite and Construction Baldwin Construction Buffalo Maintenance, Inc. Buildian Construction Services, Inc. FSI Construction GuardTop, LLC HandyCrew Services, Inc. Ingersoll Rand KD Electric Company McCormack Roofing Weatherproofing & Construction Newport Exterminating OC Concrete LLC OC Professional Maintenance Team Optimum Seismic, Inc. Rose Paving LLC Zebra Construction Inc.

PSC Service Provider Directory — continued on page 52

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PSC Service Provider Directory

Drug & Alcohol Testing

Fire Safety

continued from page 51

TAG / AMS, Inc.

Black Bird Fire Protection, Inc.

Consulting

Electrical

Fire & Flood Restoration

ICF for SoCalGas Multifamily Energy Efficiency Rebates Investment Capital Real Estate Optim Real Estate Services Company

KD Electric Company Orco Apartment Supply, Inc. R&B Wholesale Distributors, Inc.

Content Restoration

Energy Management

AMS Construction Green Home Solutions TrueEnviro

Yardi Systems Inc.

BluSky Restoration Contractors, LLC Commercial Restoration Company Green Home Solutions TrueEnviro PRC Restoration Restoration Management Company

Environmental Consulting & Training

Countertops Buffalo Maintenance, Inc. California Bath Restoration

Deck Coatings, Magnesite Repairs, Waterproofing AMS Construction Buffalo Maintenance, Inc. McCarthy Roofing WICR Waterproofing & Decking

Drain Cleaning California Rooter & Plumbing LA Hydro-Jet & Rooter Service, Inc. Total Rooter & Plumbing

American Environmental Specialists, Inc. Mesa Artificial Turf/Garage Doors nvironmental Services Alliance Environment Group/Airtek Indoor Air Solution American Environmental Specialists, Inc. Green Home Solutions TrueEnviro Pacific Environnemental & Abatement Solutions, Inc. Strategic Sanitation Services

Estate Planning Kimball, Tirey & St. John LLP Company

Evictions ReassureRent

Draperies/Blinds/Window Coverings

Fencing & Gates

Apex Window Décor Orco Apartment Supply, Inc. R&B Wholesale Distributors, Inc.

Buffalo Maintenance, Inc.

Fitness Equipment Opti-Fit Fitness Solutions

Flooring Urban Surfaces

Garage Doors Mesa Artificial Turf/Garage Doors

General Contractor Angelo Termite and Construction Baldwin Construction BluSky Restoration Contractors, LLC Buffalo Maintenance, Inc. Buildian Construction Services, Inc. EmpireWorks Reconstruction and Painting FIRST ONSITE Restoration FSI Construction HandyCrew Services, Inc. OC Concrete LLC

EZ Drain & Plumbing 24 Hour Service Full Service Plumbing Drain & Leak Specialist 2nd Opinions Always Free

*Half Off 2nd Drain

Proudly Serving the 605 Corridor and North Orange County

714-640-0699 | 562-656-6517 52

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OC Professional Maintenance Team PRC Restoration S M Painting Corp.

Zebra Construction Inc.

Handyman Buffalo Maintenance, Inc. HandyCrew Services, Inc. OC Professional Maintenance Team S M Painting Corp.

Laundry Equipment & Services

Paint Sales & Service

ACE Commercial Laundry Equipment, Inc. All Valley Washer Service Inc. L and D Appliance Corp.

National Service Company R&B Wholesale Distributors, Inc. WASH Multi Family Laundry Systems

Behr Paint Buildian Construction Services, Inc. EmpireWorks Reconstruction and Painting HandyCrew Services, Inc. OC Professional Maintenance Team R&B Wholesale Distributors, Inc. S M Painting Corp.

West Coast Drywall & Paint

Lead Removal Pacific Environnemental & Abatement Solutions, Inc.

Heating & Air Conditioning

Lending Institutions

Expressions Home Gallery HandyCrew Services, Inc. Ingersoll Rand L and D Appliance Corp.

OC Professional Maintenance Team R&B Wholesale Distributors, Inc. Spicer Mechanical

Alfa Investments & Loans CBRE Multifamily SoCal – Dan Blackwell & Team Chase Multifamily Lending Citizens Business Bank Pacific Premier Bank Redwood Mortgage The Bank of Southern California Ygrene Energy Fund

Insurance

Parking Zebra Construction Inc.

Pest Control Access Exterminator Service, Inc. Angelo Termite and Construction Lloyd Pest Control Newport Exterminating The Bee Man

Plumbing, Contractors & Supplies

Brian Berg Insurance Services, Inc. Deans & Homer, Renter’s Insurance Dick Wardlow Insurance Brokers Farmer’s Insurance — Theresa Simes Agency Insurent ISU — The Olson Duncan Agency Jetty NFP Property & Casualty ReassureRent Rey Insurance Services, Inc.

Lighting

Maintenance, Repairs, Products

FPK Security, Inc.

Internet Services

Buffalo Maintenance, Inc. Evolution Building Efficiency FSI Construction GuardTop, LLC HandyCrew Services, Inc. ICF for SoCalGas Multifamily Energy Efficiency Rebates Ingersoll Rand KD Electric Company OC Professional Maintenance Team WICR Waterproofing & Decking

Property Management

Apartment SEO apartments.com Cox Communications RentPath

Inspections Zebra Construction Inc.

Investments Kay Properties & Investments Company Morgan Skenderian Investment Real Estate Group Company

California Rooter & Plumbing EZ Drain & Plumbing ICF for SoCalGas Multifamily Energy Efficiency Rebates Ironwood Plumbing, Inc. Orco Apartment Supply, Inc. R&B Wholesale Distributors, Inc. Total Rooter & Plumbing

KD Electric Company

Magnesite Repairs Buffalo Maintenance, Inc.

Mailboxes Orco Apartment Supply, Inc. R&B Wholesale Distributors, Inc.

Private Investigations

Marketing

Janitorial

Jetty Zumper

Strategic Sanitation Services

Mold Remediation

Kitchen Renovations

American Environmental Specialists, Inc. FIRST ONSITE Restoration Green Home Solutions TrueEnviro

Baldwin Construction Buffalo Maintenance, Inc. California Bath Restoration

Landscapes/Hardscapes BrightView Landscape Services, Inc.

Multi-Family Advisory Services CheckpointID Optim Real Estate Services Company

3M1S Home AIM Properties Allen Properties API Property Management Consensys Property Management Company DM Smithco Dunlap Property Group JLE Property Management L’Abri Management, Inc. LoCali Management Group The Management Works Optim Real Estate Services Company Prestige Property Management ProActive Realty Investments Reynolds Realty Advisors Roberts Management & Investments Satellite Management Company South Coast Real Estate & Property Management Sullivan Property Management SVN / Vanguard — Cameron Irons WIRE Associates

Odor Removal

PSC Service Provider Directory — continued on page 54

FIRST ONSITE Restoration Strategic Sanitation Services

Outdoor Furniture & Refinishing Bassett Outdoor Contract Patio Guys

July 2021

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PSC Service Provider Directory continued from page 53

Property Management Software ARIZE Anyone Home Appfolio, Inc. Luminous Rentler RokitNow Vesync Yardi Systems Inc.

Property Management Staffing & Training Approved Real Estate NPM Staffing an InterSolutions Company The Liberty Group

Real Estate Broker

Sustainability/Green Energy

CBRE Multifamily SoCal – Dan Blackwell & Team KW Commercial Morgan Skenderian Investment Real Estate Group Company Optim Real Estate Services Company

NextLevel Optima

Reconstruction

Dedicated Transportation Services TO’ and MO’ Towing

AMS Construction Baldwin Construction Commercial Restoration Company EmpireWorks Reconstruction and Painting FSI Construction WICR Waterproofing & Decking

Recycling Strategic Sanitation Services

Rain Gutters

Resident Screening

Argos Homes Systems McCarthy Roofing

Rentler SafeRent Solutions Yardi Systems Inc.

Real Estate/Investments Alfa Investments & Loans CBRE Multifamily SoCal – Dan Blackwell & Team DM Smithco Gorman & Associates Investment Capital Real Estate Kairos Investment Management Company Kay Properties & Investments Company Marcus & Millichap Morgan Skenderian Investment Real Estate Group Company Pacific Premier Bank Perch Wealth Prestige Property Management ProActive Realty Investments Realtors Commercial Alliance of Orange County (RCAOC) SVN / Vanguard — Cameron Irons WIRE Associates

Telecommunications Cox Communications

Towing

Trash Services Strategic Sanitation Services Valet Living

Utilities & Sub Metering Conservice ICF for SoCalGas Multifamily Energy Efficiency Rebates Livable

Video Commercials NPM Staffing an InterSolutions Company

Video Surveillance

Roofing

Assure by Remote Ally

AMS Construction Buildian Construction Services, Inc. Guardian Roofs by Sudduth Construction Inc. McCarthy Roofing McCormack Roofing Weatherproofing & Construction Royal Roofing.com (RWS&P, Inc.)

Water Heaters

Security Services/Patrol Services ADT Multifamily ARIZE California Safety Agency FPK Security, Inc. The Flying Locksmiths USGI — Upland Group Vesync

Staffing Service Approved Real Estate

Surface Restoration AMS Construction

California Rooter & Plumbing DCM Services, Inc ICF for SoCalGas Multifamily Energy Efficiency Rebates Orco Apartment Supply, Inc. R&B Wholesale Distributors, Inc. Total Rooter & Plumbing Water Heater Man, Inc.

Waterproofing AMS Construction McCormack Roofing Weatherproofing & Construction S M Painting Corp.

WICR Waterproofing & Decking

Water Removal ATI FIRST ONSITE Restoration

Website Development/Online Advertising Apartment SEO

Windows & Doors Mesa Artificial Turf/Garage Doors Milgard Windows & Doors Moore Replacements The Door & Window Company The Flying Locksmiths

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PRODUCT & SERVICE COUNCIL’S Service Provider Directory

Contact Index

(Please see Product & Service Council Service Provider Directory for Listings of Services) All Product & Service Council Members have signed a Code of Ethics stating that they shall provide the rental-housing industry with the highest standard of integrity, honesty and professionalism.

3M1S Home John Nguyen 4100 Birch St, Suite 100 Newport Beach, CA 92660 (800) 835-1376 john@3m1s-home.com A.S. Wise, Inc. Jean Sabga 15150 Transistor Lane Huntington Beach, CA 92649 (714) 891-1501 jsabga@aswise.net — www.aswise.net Access Exterminator Service, Inc. Roger Sonnenfeld 2244 N. Pacific St. Orange, CA 92865 (714) 630-6310 roger@accessext.com — www.accessext.com

ACE Commercial Laundry Equipment, Inc. Multi-Housing Division 14404 Hoover Street Westminster, CA 92683 (714) 897-4342 acelaundry@gmail.com — www.acelaundry.com

Provide Sales, Service, Leasing & Parts for Coin-Op Laundry Equipment.

See the Advertisers Index on Page 68 for the location of our ad.

ADT Multifamily Christopher Martin 4161 E. La Palma Ave. Anaheim, CA 92807 (714) 858-1344 cnma rtin@adt.com

Property Management Services/Investments.

We provide home automation, security systems, keyless door locks & smart thermostats.

See the Advertisers Index on Page 68 for the location of our ad.

All Valley Washer Service Inc. John Cottrell 15008 Delano St. Van Nuys, CA 91411 (800) 247-1100 john@allvalleywasher.com — www.allvalleywasher.com Allen Properties Frank Allen/Paul Allen/Jessica Siderius 1 Orchard Road, Suite #230 Lake Forest, CA 92630 (949) 768-6850 frank@allenproperties.net — www.allenproperties.net

AIM Properties Don St. John 531 E. Chapman Avenue Orange, CA 92866 (714) 633-2344 don@aimproperties.net — www.aimproperties.net

Alliance Environment Group/Airtek Indoor Air Solution 900 W. 10th St. Azusa, CA 91702 Ph: (626)663-3500 billwood@alliance-enviro.com

PSC Contact Index — continued on page 56

Coin-Operated WASHERS/DRYERS

Generous Lease Commissions and Free Machines for Your Apartment Laundry Rooms Serving California Since 1956

We Offer to You: • Commission Plans • Lease Plans • Purchase Plans • Apartments • Condominiums • Any Type of Location

NATIONAL SERVICE 845 N. Commerce St. Orange, CA

1-800-473-8812 • 714-633-1811 www.apartmentlaundry.com

July 2021

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Apartment News

55

PSC Contact Index — continued from page 55

ALN Data Samantha Wallace 2611 Westgrove Drive, Suite 104 Carrollton, TX 75006 (972) 931-2553 x 218 Samantha@alndata.com — www.alndata.com

Angelo Termite and Construction Gregg Traum 16161 Scientific Way Irvine, CA 92618 (800) 589-8809 info@angelotermite.com

Apex Window Décor Deepa Gorajia 1132 E. Katella Ave, Suite A16 Orange, CA 92867 (714) 532-2588 deepag@apexwindowdecor.com — www.apexwindowdecor.com

Anyone Home Jaime Conde 25521 Commercentre Dr #100 Lake Forest, CA 92630 (949) 916-3919 lightson@anyonehome.com

Appfolio, Inc. 55 Castilian Dr Goleta, Ca 93117 (866) 648-1536 mindy.sorenson@appfolio.com

See the Advertisers Index on Page 68 for the location of our ad.

Apartment data and market research.

Alfa Investments & Loans Eddie Luna 19 W 3rd St Santa Ana, CA 92701 (714) 981-7177 info@alfalending.com American Environmental Specialists, Inc. Mr. James F. McClung, Jr. 15183 Springdale Street Huntington Beach, CA 92649 (714) 379-3333 admin@aeshb.com

Engagement and automation tools through Contact Center and CRM software.

Consultant: Mold Investigations/Recommendations, Asbestos/Lead Testing, Training. See the Advertisers Index on Page 68 for the location of our ad.

AMS Construction 1159 Iowa Ave., Ste. K Riverside, CA 92507 (833) 267-7663 info@amsroofingconstruction.com

API Property Management Margie Tabrizi 1400 Bristol St. N Ste-245-A Newport Beach, CA 92660 (714) 505-5200 margie@apipropertymanagement.com Apartment SEO Ronn Ruiz 100 W. Broadway Ave, Suite 425 Long Beach, CA 90802 (877) 309-7363 ronn@apartmentseo.com — apartmentseo.com

Advertising firm specializing in Websites, Search & Social Media Marketing.

apartments.com Renee England 18201 Von Karman Ave., Suite 550 Irvine, CA 92612 (714) 313-7621 rengland@apartments.com

See the Advertisers Index on Page 68 for the location of our ad.

Andersen Cabinets Brian Wang 1250 Philadelphia Street Pomona, CA 91766 (909) 895-8818 brian@andersencabinets.com — www.andersencabinets.com

See the Advertisers Index on Page 68 for the location of our ad.

See the Advertisers Index on Page 68 for the location of our ad.

Approved Real Estate

Jim Forde 4010 Barranca Pkwy, Suite 100 Irvine, CA 92604 (714) 875-0979 jim@approvedrealestateacademy.com

Argos Homes Systems Mr. James Van Dyke 11542 Knott St., Suite B-5 Garden Grove, CA 92641 (714) 894-9534 argosjvandyke@hughes.net

Seamless aluminum rain gutters, fabric awnings, mirrored wardrobe closets. See the Advertisers Index on Page 68 for the location of our ad.

ARIZE Chao Wang 1065 N. Pacificenter Dr, Suite 410 Anaheim, CA 92806 (714) 479-2050 Chao.Wang@ArizeHub.com

#1 nationwide provider of information and advertising services.

APARTMENT OWNERS, LANDLORDS, INCOME PROPERTY OWNERS      

Employment Practices Liability Business Income Coverage Cyber Liability & Data Breach Business Crimes Insurance Guaranteed Replacement Cost Worker’s Compensation Insurance

     

Liability Insurance Property Insurance Umbrella Policies Equipment Breakdown Ordinance or Law Backup of Sewers & Drains

Specializing in Multi-family, Affordable Housing & Home Owner Associations

Terri Simes Premier Income Property Insurance Serving all of California & Arizona CA License #0647512 Tsimes@farmersagent.com www.farmers.com/tsimes

501 N. Golden Circle Drive, Suite #208, Santa Ana, CA 92705

Call 714-966-3000 today!

Smart choices last a lifetime.

56

Apartment News

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July 2021

Assure by Remote Ally Eddie Conlon 4431 Corporate Center Drive, Suite 121 Los Alamitos, CA 90720 (866) 439-0318 conlon@remoteally.com ATI 3360 La Palma Anaheim, CA 92806 (714) 412-0828 edwina.garcia@atirestoration.com Baldwin Construction Stephanie Harrison 464 Cataract Avenue, Suite A San Dimas, CA 91773 (909) 592-2292 sharrison@baldwincontrusction.net Bassett Outdoor Contract Jonathan Bennett PO Box 1280 Haleyville, AL 35565 (205) 486-5102 jlbennett@bassettoutdoorcontract.com Behr Paint Lori Flores 1601 E. Saint Andrew Pl. Santa Ana, CA 92705-5044 (909) 248-5132 lorflores@behrpaint.com — www.behr.com Black Bird Fire Protection, Inc. 10282 Trask Ave Ste D Garden Grove, CA 92843 (714) 462-6095 info@blackbirdfire.com

BluSky Restoration Contract, LLC Jose Linares 1183 Warner Ave Tustin, CA 92780 (562) 528-8000 jose.linares@goblusky.com Brian Berg Insurance Services, Inc. Brian Berg 23101 Lake Center Drive, Suite 335 Lake Forest, CA 92630 (888) 791-7069 dyana@bbisinc.com — www.bbisinc.com BrightView Landscape Services, Inc. Kristina Schafer 1960 S Yale St. Santa Ana, CA 92704 (949) 438- 8528 Kristina.SChafer@brightview.com Buffalo Maintenance, Inc. Mr. Frank Alvarez 206 N. State College Blvd.

Anaheim, CA 92806 (714) 956-8371 www.buffalomaintenance.com

See the Advertisers Index on Page 68 for the location of our ad.

Buildian Construction Services, Inc. 621 South B Street, Suite B Tustin, CA 92780 (866) 504-0397 mark@buildianconstruction.com California Bath Restoration Carly Camacho 1920 E. Warner Ave., Suite 3P Santa Ana, CA 92705 (949) 263-0779 ccamacho@calbath.com

California Rooter & Plumbing Mr. Mark Fowler 1905 E. Deere Ave. Santa Ana, CA 92705 (949) 222-2202

Plumbing and drain cleaning services. See the Advertisers Index on Page 68 for the location of our ad.

California Safety Agency Darrell Cowan 8932 Katella, Suite 108 Anaheim, CA 92804 (866) 996-6990 dcowan@csapatrol.com — www.csapatrol.com CBRE Multifamily SoCal – Dan Blackwell & Team Daniel Blackwell 3501 Jamboree Road, Suite 100 Newport Beach, CA 92660 (949) 307-8319 dan.blackwell@cbre.com — www.cbre.com/invocmultifamily

Orange County multifamily investment property sales and 1031 exchanges.

See the Advertisers Index on Page 68 for the location of our ad.

Chase Multifamily Lending 3 Park Plaza, Suite 1000 Irvine, CA 92614 (866) 937-7199 www.chase.com/mfl CheckpointID Gabe Jones 4100 Midway Road, Suite 1165 Carrolton, TX 75007 (757) 618-3918 emily@checkpointid.com

PSC Contact Index — continued on page 58

Complete kitchen and bath restoration and refinishing company.

July 2021

www.aaoc.com

Apartment News

57

PSC Contact Index — continued from page 57

Citizens Business Bank Michael Duran 2650 E. Imperial Highway Brea, CA 92821 (714) 996-8150 mduran@cbbank.com — www.cbbank.com

Business Banking, Apartment Loans/Commercial Loans.

Commercial Restoration Company Jeff Mandell 9541 W. Ball Road Anaheim, CA 92804 (858) 922-3219 j.mandell@crcmail.com

Consensys Property Management Company Laurel Dial 1380 S. Anaheim Blvd Anaheim, CA 92805 (714) 772-4400 laureld@consensyspm.com — www.consensyspm.com Conservice Matt Gordon 750 S. Gateway Dr. River Heights, UT 84321 (866) 947-7379 communications@conservice.com Consolidated Appliance Rentals Taylor Terheggen 620 W. 135th Street Gardena, CA 90248 (310) 804-8774 taylort@apprents.com — www.apprents.com

Cox Communications Alicia Gray 27121 Towne Centre Dr, Suite 125 Foothill Ranch, CA 92610 (949) 563-8163 alicia.gray@cox.com David S. Schonfeld, A Professional Law Corp.

801 E. Chapman Ave. Fullerton, CA 92831 (714) 871-9004 david@evictionlaw.com — www.evictionlaw.com

Specializing in residential and commercial evicitons with flat rates and prompt, professional service.

DCM Services, Inc David Carlson PO Box 400 Pico Rivera, CA 92056 (800) 504-7103 dcmservices400@gmail.com

See the Advertisers Index on Page 68 for the location of our ad.

,INC Lic. #C36-1069122

Bonded & Insured / Serving all of orange county

Deans & Homer, Renter’s Insurance Debbie Halverson 110 E. Wilson Ave., Suite 102 Fullerton, CA 92832 (800) 345-2054 debbieh@deanshomer.com — www.InsureYourStuff.com Dedicated Transportation Services Richard Rodrigues 13700 Harbor Blvd., Suite B Garden Grove, CA 92843 (714) 371-3034 richthetowguy@yahoo.com www.dedicatedtransportationservices.com Dick Wardlow Insurance Brokers Matt Wardlow 233 High Street Moorpark, CA 93021 (805) 553-0505 x 320 mattw@wardlowinsurance.com — www.wardlowinsurance.com Insurance brokers specializing in apartments and commercial property.

DM Smithco Duane Van Handel 1940 W. Orangewood Ave., Suite 201 Orange, CA 92868 (714) 456-9147v456-9983 dvh@dmsmithco.com Dunlap Property Group Paul Dunlap 801 E. Chapman Avenue Fullerton, CA 92831 (714) 879-0111 pdunlap@dpgre.com — www.dpgre.com Duringer Law Group, PLC Mr. Stephen C. Duringer, Esq. 181 S. Old Springs Road, 2nd Floor Anaheim Hills, CA 92809 (714) 279-1100, (800) 829-6994 toll free Specializes in landlord/tenant law, debt collection, eviction.

714-715-3315

EmpireWorks Reconstruction and Painting Chet Oshiro 1682 Langley Ave. Irvine, CA 92614 (888) 278-8200 coshiro@empireworks.com — www.empireworks.com Expressions Home Gallery Sherri Galusha 17138 Von Karman Ave Irvine, CA 92614 (949) 271-2085 srgalusha@morsco.com Major appliances for apartments.

EZ Drain & Plumbing Stacie Fluhrer 6709 Washington Ave, #944 Whittier, CA 90601 (714) 640-0699 ezdrainandplumbing@gmail.com

58

Apartment News

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July 2021

Farmer’s Insurance — Theresa Simes Agency Terri Simes 17155 Newhope Street #F Fountain Valley, CA 92708 (714) 966-3000 tsimes@farmersagent.com — www.farmersagent.com/tsimes Insurance for apartments, business, auto, home, life, etc.

See the Advertisers Index on Page 68 for the location of our ad.

FIRST ONSITE Restoration Lisa McCollough 1275 N. Grove St Anaheim, CA 92806 (619) 537-9499 lisa.mccollough@firstonsite.com Fisher & Phillips 2050 Main Street, Suite 100 Irvine, CA 92614 (949) 851-2424 cbaran@laborlawyers.com FPK Security, Inc. Steve Flamm P.O. Box 55597 Valencia, CA 91355 (800) 459-4068 stevef@fpksecurity.com FSI Construction Tony Whitaker 5728 Teague Road Houston, TX 77041 (562) 243-6711 tony@fsiconstruction.com — www.fsiconstruction.com Go-Staff, Inc. Scott Crumrine 8798 Complex Drive San Diego, CA 92123 (858) 292-8562 Scott@go-staff.com — www.go-staff.com Gorman & Associates Sonya Loera PO Box 325 Brea, CA 92822 (714) 255-9998 info@wrgorman.com

HMWC, CPAs & Business Advisors David Eisenman 17501 17th St., Suite 100 Tustin, CA 92780 (714) 505-9000 david@hmwccpa.com ICF for SoCalGas Multifamily Energy Efficiency Rebates Leslie Diaz-Villavicencio 555 W. 5th Street, Suite 3100 Los Angeles, CA 90013 (213) 312-1716 multifamilyrebates@icf.com Ingersoll Rand Jesse Estrada 11927 Ottawa Pl. #90 Chino, CA 91710 (909) 306-9390 jesse.estrada@irco.com

Insurent Rob McKenny 122 East 42nd Street, Suite 3600 New York, NY 10168 (646) 843-1713 cschoenau@insurent.com Investment Capital Real Estate Ignacio Diaz, Jr. 1 Park Plaza, Suite 600 Irvine, CA 92614 (949) 201-8817 id@investmentcapitalre.com — www.investmentcapitalre.com Specializing in the purchase, sale and 1031 exchange of apartment buildings.

PSC Contact Index — continued on page 60

9350 Narnia Drive Riverside, CA 92503 LIC #975880

Imperial Roof Management, Inc, a Residential, Commercial/HOA, and Apartments roof & rain gutter maintenance business has been providing services to all of Southern California. We specialize in management properties to assist property managers and building owners in ensuring their roof & gutter system maintenance are up to date.

We offer roof preventive maintenance, roof leak repairs, seamless 5” and 6” rain gutter installations, repairs, and cleanings. Call us today!

See the Advertisers Index on Page 68 for the location of our ad.

Green Home Solutions TrueEnviro James Armendariz 20984 Bake Pkwy, Ste 100 Lake Forest, CA 92630 (909) 238-4169 socal@trueenviro.com GuardTop, LLC Jeff Luzar 32834 Pacific Coast Hwy, Suite 210 Dana Point, CA 92629 (949) 218-4319 info@guardtop.com Guardian Roofs by Sudduth Construction Inc. Helen Tredo 1010 N. Batavia St., Suite F Orange, CA 92867 (714) 633-3619 guardianroofsbookkeeping@gmail.com — www.guardianroofs.com Roofing systems for residential and commercial property for over 30 years.

See the Advertisers Index on Page 68 for the location of our ad.

HandyCrew Services, Inc. Nir Bezalel 1400 Jefferson St., Suite E Anaheim, CA 92807 (714) 509-5045 nir@ochandycrew.com — www.ochandycrew.com HMWC, CPAs & Business Advisors David Eisenman 17501 17th St., Suite 100 Tustin, CA 92780 (714) 505-9000 david@hmwccpa.com

(951) 509-9321 or (888) 642-3070 service@imperialroofmanagement.com

www.imperialroofmanagement.com July 2021

www.aaoc.com

Apartment News

59

PSC Contact Index — continued from page 59

Ironwood Plumbing, Inc. Carl Ludwig 101 S. Kraemer Blvd., Suite 100 Placentia, CA 92870 (877) 484-7575 carl@ironwoodplumbing.com — www.ironwoodplumbing.com ISU — The Olson Duncan Agency Jim Kinmartin 25550 Hawthorne Blvd #203 Torrance, CA 90505 (310) 373-6441 jim@olsonduncan.com — www.olsonduncan.com Independent insurance brokerage representing commercial building owners and operators.

Jetty Melissa Blazejewski 217 Centre St, Mailbox 118 New York, NY 10011 (855) 695-3889 hello@jetty.com JLE Property Management Denise Arredondo 202 E Broadway Anaheim, CA 92805 (714) 778-0480 www.jle1.com — denise@jle1.com

Kairos Investment Management Company Jon Needell 30242 Esperanza Rancho Santa Margarita, CA 92688 (949) 709-8888 jneedell@kimc.com — www.kimc.com

Apartment News

Electrical wiring & installation for remodels, tenant improvements, new constructions & additions.

Kimball, Tirey & St. John LLP Company Deborah Biggs 2040 Main St., Suite 500 Irvine, CA 92614 (800) 564-6611 deborah.biggs@kts-law.com KW Commercial Randy Combs 4010 Barranca Parkway, Ste 100 Irvine, CA 92604 (714) 658-3263 randycombs@kw.com

See the Advertisers Index on Page 68 for the location of our ad.

See the Advertisers Index on Page 68 for the location of our ad.

60

Kay Properties & Investments Company Patricia Aballe 21515 Hawthorne Blvd, 360 Torrance, CA 90503 (855) 899-4597 info@kpi1031.com KD Electric Company Derrick Laughlin 17071 E. Imperial Hwy., Suite A6 Yorba Linda, CA 92886 (714) 223-2700 derrick@kdelectric.com — www.kdelectric.com

L and D Appliance Corp.

Henry Hsu 11969 Telegraph Rd. Santa Fe Springs, CA 90670 (562) 946-1105 henryh@lndappl.com — www.lndappl.com

www.aaoc.com

L’Abri Management, Inc. 8141 E. Second Street, Suite 300 Downey, CA 90241 (714) 826-9972 www.labri-inc.com

Full service property management provider for 16+ units.

LA Hydro-Jet & Rooter Service, Inc. Dan Baldwin 10639 Wixom St Sun Valley, CA 91352 (800) 750-4426 dbaldwin@lahydrojet.com LaundryUp Howard Lee 1070 N. State College Blvd.

Anaheim, CA 92806 (714) 533-7835 hmlee_vp@yahoo.com — www.laundryup.com Livable Daniel Sharabi PO Box 475852 San Francisco, CA 94147 (877) 789-6027 comesave@livable.com — www.livable.com

See the Advertisers Index on Page 68 for the location of our ad.

Lloyd Pest Control David Hinrichs 1331 Morena Blvd, #300 San Diego, CA 92110 (619) 843-6369 david.hinrichs@lloydpest.com

PSC Contact Index — continued on page 62

July 2021

NEW Stain Resistant Carpet

1

$

40

sq. ft.

Includes New Pad and Installation

Strong Durable Plush Carpet

1

$

60

sq. ft.

Includes New Pad and Installation

Vinyl Planks from

$

1

50

(material only) sq. ft.

Laminate Flooring from

$

1

80 (material only)

sq. ft.

Many Other Selections for Residential and Commercial Carpet at the Same Low Price

40

Years in Orange County!

• Carpet • Vinyl • Tile

• Laminate and Wood • Luxury Vinyl Planks and Tiles

An Excellent Service Record with Many Satisfied Customers

(714) 282-0174 731 W. Taft Avenue Orange, California 92865

Mon. – Fri. 9:00 A.M. to 5:00 P.M. Closed Saturday & Sunday LICENSE #1014622

July 2021

www.aaoc.com

Apartment News

61

PSC Contact Index —

Milgard Windows & Doors Mike Mills 26879 Diaz Road Temecula, CA 92590 (951) 536-0275 mikemills@milgard.com — milgard.com

continued from page 60

LoCali Management Group Nathan Poth 6789 Quail Hill Pkwy, Ste 625 Irvine, CA 92603 (714) 747-9074 Nathan@livinglocali.com — www.livinglocali.com

Manufacturer, aluminum/vinyl/fiberglass replacement/new construction windows and doors

Moore Replacements Mike Moore 1525 W MacArthur Blvd, Unit 16 Costa Mesa, CA 92626 (714) 963-0505 mike@moorereplacements.com Morgan Skenderian Investment Real Estate Group Company 4590 Mac Arthur Blvd., Suite 260 Newport Beach, CA 92660 (949) 251.8800 md@morganskenderian.com Multi Team Services Teresa Mendoza 17321 Irvine Blvd, #205 Tustin, CA 92780 (714) 727-6348 teresa@multiteam.net National Service Company Ms. Mary Ann Dillard 845 N Commerce St Orange, CA 92867 (714) 633-1811 mdnational@yahoo.com — www.apartmentlaundry.com

Boutique style property management.

Marcus & Millichap Jon Giannola 19800 MacArthur Blvd Ste 150 Irvine, CA 92612 (949) 419-3200 jgiannola@marcusmillichap.com

See the Advertisers Index on Page 68 for the location of our ad.

McCarthy Roofing Aaron Martin 625 W. Katella Ave. #29 Orange, CA 92867 (714) 538-3330 customerservice@mccarthyroofing.com

See the Advertisers Index on Page 68 for the location of our ad.

McCormack Roofing Weatherproofing & Construction Chris Maxey 1260 N. Hancock St. Suite 108 Anaheim, CA 92806 (714) 777-4040 chrism@mccormackroofing.com — www.mccormackroofing.com See the Advertisers Index on Page 68 for the location of our ad.

Mesa Artificial Turf/Garage Doors David Vento 4915 E Hunter Ave Anaheim, CA 92807 (714) 598-1996, Ext: 2232 dvento@mesagaragedoors.com

See the Advertisers Index on Page 68 for the location of our ad.

Newmeyer & Dillion, LLP Rondi Walsh 895 Dove Street, 5th Floor Newport Beach, CA 92660 (949) 854-7000 rondi.walsh@ndlf.com Newport Exterminating Dara Kremer 16661 Millikan Ave Irvine, CA 92606 (949) 261-0700 darak@newportexterminating.com NEXT LEVEL Property Solutions, LLC Marie Kaplan 2030 Main Street, Suite 1300 Irvine, CA 92614 (949) 260-4775 mariek@nextlevel-ps.com — www.nextlevel-ps.com NFP Property & Casualty Eric R. Marrs 1551 Tustin Avenue, Suite 500 Santa Ana, CA 92705 (714) 975-8429 eric.r.marrs@nfp.com — www.nfp.com Commercial, Personal & Health Insurance.

NPM Staffing an InterSolutions Company Laura Aliberti 2400 East Katella Ave., Suite 800 Anaheim, CA 92806 (949) 307-1595 laliberti@npmstaffing.com — www.npmstaffing.com OC Concrete LLC Brandon Koslosky 4320 E La Palma Ave Anaheim, CA 92807 (714) 524-6067 brandon.occoncrete@gmail.com — www.occoncrete.net Anything related to concrete

Sondance Painting 1132 E. Katella Avenue, Suite A-16 Orange, CA 92867 Phone (714) 532-2588 • Fax (714) 532-2466 www.apexwindowdecor.com Family owned for generations!

NO HIDDEN COSTS

Vertical Blinds Pricing

32"

42"

54"

78"

102"

42"

$28.75

$31.05

$40.25

$46.00

$59.80

54"

$31.05

$34.50

$42.55

$50.60

$62.10

66"

$34.50

$35.65

$46.00

$51.75

$64.40

84"

$35.65

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$45.00

$55.00

** Additional configuration pricing also available

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Free Delivery & Estimates Custom Sizes Available PVC colors: White, Off-White Wand control PVC or Decorative Fauxwood Valance options

Also Available: • Fauxwood Blinds • Woven Wood Shades • Aluminum Mini Blinds

62

Apartment News

• Roller Shades • Shutters • Vinyl Mini Blinds

www.aaoc.com

July 2021

APARTMENT– RESIDENTIAL COMMERCIAL INTERIOR – EXTERIOR FULL JANITORIAL, MAINTENANCE & CLEAN UP SERVICES

NEAT, FAST, HONEST

LIC. #828563

949-472-7516

OC Professional Maintenance Team Jennifer Barragan 1180 W. Ball Rd. #9134 Anaheim, CA 92812 (714) 583-8633 info@ocproteam.com

Orco Apartment Supply, Inc. 7472 Orangewood Avenue Garden Grove, CA 92841 (888) 255-6726 orcoapt@orcoaptsupplies.com — www.orcoaptsupply.com

Oliver Mahon Asphalt Michelle Hogge 182 Wells Place Costa Mesa, CA 92627 (949) 548-6398 admin@olivermahon.com Opti-Fit Fitness Solutions Eric Konz PO Box 6716 Folsom, CA 95763 (888) 601-4350 ekonz@opti-fit.com — www.opti-fit.com Optim Real Estate Services Company Tom Gibbons 620 Newport Center Drive, 11th Floor Newport Beach, CA 92660 (949) 200-4610 tom@optimres.com Optimum Seismic, Inc. Ali Sahabi 5508 S. Santa Fe Ave. Vernon, CA 90058 (323) 605-0000 asahabi@optimumseismic.com — www.optimumseismic.com

Pacific Environnemental & Abatement Solutions, Inc. Kristine Ramos 12821 Western Avenue Garden Grove, CA 92841 (714) 379-5029 kristine.ramos@peas1.com — www.peasolutions.com Pacific Premier Bank Daniel Borland 17901 Von Karman Ave Suite 1200 Irvine, CA 92614 (949) 502-4325 dborland@ppbi.com — www.ppbi.com

See the Advertisers Index on Page 68 for the location of our ad.

See the Advertisers Index on Page 68 for the location of our ad.

Carpet, appliances, electrical, plumbing, draperies/blinds, mailboxes, water heaters. See the Advertisers Index on Page 68 for the location of our ad.

See the Advertisers Index on Page 68 for the location of our ad.

Luminous Joel Duchesne 2911 1/2 Hewitt Ave., Suite 8 Everett, WA 98201 (866) 387-7275 help@luminousresidential.com PAS Purchasing Solutions 2777 West Lane Houston, TX 77027 (214) 223-2555 kevin@pasonline.com Patio Guys Joanna Solis 2907 Oak St Santa Ana, CA 92707 800-310-4897 commercial@patioguys.com

Perch Wealth J.P. Ledesma 9940 Research Drive #200 Irvine, CA 92618 (949) 539-4200 JPLedesma@perchwealth.com PRC Restoration Freddy Rodriguez 23839 Banning Blvd Carson, CA 90745 (562) 490-6900 info@prcrestoration.com — www.prcrestoration.com Prestige Property Management Brad Clark 1500 Adams Ave., Suite #201 Costa Mesa, CA 92626 (949) 933-1518 brad@prestige-pm.com — www.prestige-pm.com Full Service Real Estate.

ProActive Realty Investments Rita Aguila 1913 E. 17th Street, Suite 217 Santa Ana, CA 92705 (714) 541-3138 rita@proactiveri.com — www.proactiveri.com

Property Management Multifamily & Single Homes, Real Estate Sales.

See the Advertisers Index on Page 68 for the location of our ad.

R&B Wholesale Distributors, Inc. David Rhodes 2350 S. Milliken Ontario, CA 91761 (909) 230-5400 drhodes@rbdist.com — www.rbdist.com

See the Advertisers Index on Page 68 for the location of our ad.

PSC Contact Index — continued on page 64

Ask about our Senior & Millitary Discounts

100

$

With Complete Re-Roof Must present card at time of estimate

• 4-Point Roof Inspection • Re-Roof • Repair Roofing

Call Today for a FREE Estimate!

ALL ROOFING SYSTEMS • New Roof • Roofing Specialist • Competitive Pricing • Roof Certifications • All Phone Calls Returned • Quality Craftmanship • Free Estimates the Same Day • Neat, Clean, Professional

(714) 633-3619 Quality You Can Trust: From North America’s Largest Roofing Manufacturer!TM

Lic. No. 847279 B1 & C39

July 2021

www.aaoc.com

Apartment News

63

PSC Contact Index —

Rey Insurance Services, Inc. Mike Rey 27130 Paseo Espada B523 San Juan Capistrano, CA (949) 487-9661 mike@reyinsuranceservices.com — www.reyinsuranceservices.com

continued from page 63 ReassureRent Eric Jarvis 5955 De Soto Ave, Ste 250 Woodland Hills, CA 91367 (833) 383-6268 ericj@elevatemgt.com

See the Advertisers Index on Page 68 for the location of our ad.

Insurance that manages the eviction and pays you lost rent.

See the Advertisers Index on Page 68 for the location of our ad.

Redwood Mortgage Mike Micci 177 Bovet Road, Suite 520 San Mateo CA 94402 (949) 793-5130 mike.micci@redwoodmortgage.com Rentler Barton Strawn 200 Civic Center Drive, Suite 150 Sandy, UT 84070 (888) 222-1009 www.rentler.com/partner/aaoc — membership@rentler.com RentPath Laura Lemansky 950 East Paces Ferry Road NE, Suite 2600 Atlanta, GA 30326 (949) 943-5177 llemansky@rentpath.com Restoration Management Company Staling Ngoy 25172 Artic Ocean Dr., Suite 100 (800) 400-5058 mlopez@rmc.com — www.rmc.com

Reynolds Realty Advisors Elizabeth Reynolds 3900 E Miraloma Ave, Suite H Anaheim CA, 92806 (866) 613-7772 Elizabeth@ReynoldsRealtyAdvisors.com www.ReynoldsRealtyAdvisors.com Roberts Management & Investments Ray Roberts 3532 Katella Ave, Suite 111 Los Alamitos, CA 90720 (562) 430-3588

Specializing in flat/low slope roofs, comp. & wood shingle and tile roofs.

Solar panel installation. See the Advertisers Index on Page 68 for the location of our ad.

SafeRent Solutions Paula Durner 3001 Hackberry Rd, Irving, TX 75063 (419) 367-7615 paula.durner@parkhillholdings.com

We are the leading screening and risk management provider for the multifamily industry.

See the Advertisers Index on Page 68 for the location of our ad.

RokitNow Bhavin Patel 26895 Aliso Creek Rd #B329 Aliso Viejo, CA 92656 (855) 765-4866 info@rokitnow.com — www.rokitnow.com

Text messaging services to help communicate with your customers.

Rose Paving LLC Ryan Strzalka 10200 Matern Place Santa Fe Springs, CA 90670 (562) 243-0426 rstrzalka@rosepaving.com — www.rosepaving.com Parking lot maintenance.

Royal Roofing.com (RWS&P, Inc.) Steve Pinkus 6831 Suva St. Los Angeles, CA 90201 (562) 928-1200 steve@royalroofing.com — www.royalroofing.com

Satellite Management Company Paul Conzelman 1010 E Chestnut Ave Santa Ana, CA 92701 714) 558-2411 ext 124 pconzelman@satellitemanagement.com Schiff & Shelton Laurie Schiff 3700 Campus Drive, Suite 202 Newport Beach, CA 92660 (949) 417-2211 laurie@schiff-shelton.com S M Painting Corp.

Salvador Munguia 417 S. Associated Rd. #212 Brea, CA 92821 smpaintscheduling@gmail.com

See the Advertisers Index on Page 68 for the location of our ad.

PSC Contact Index — continued on page 66

PAVING COMPANY, INC. • Asphalt Overlays • New Installations • Seal Coating

• Concrete • Petromat Overlays • Block Walls

• Paving Stones • Curb & Gutters • Striping

c&cpaving

ADA Experts, Ramps, Signage, Truncated Domes Fully Insured & Bonded www.candcpavingcompany.net

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VA N G UA R D

COMMERCIAL REAL ESTATE ADVISORS

PROPERTY MANAGEMENT

OUR MISSION

Increase owner cashflow & remove the stress of management by streamlining maintenance & accounting Is your property performing to its full potential?

Contact SVN Vanguard for a property evaluation

24 hour response including fire & water damage Multiple crews Small & large jobs Fully licensed, bonded & insured Insurance company approved All employees covered by worker compensation

SVN Vanguard is proud to offer our own in-house

Maintenance & Construction services

714.446.0600 • www.svnvanguard.com

July 2021

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65

PSC Contact Index — continued from page 64

South Coast Real Estate & Property Management 1927 Harbor Blvd., #370 Costa Mesa, CA 92627 (800) 541-1962 paul@southcoastrealestatebroker.com

See the Advertisers Index on Page 68 for the location of our ad.

Spicer Mechanical Chad Hegreberg 1210 N. Jefferson #K, Anaheim, CA 92807 (714) 279-9100 chadh@spicermechanical.com — www.spicermechanical.com

Strategic Sanitation Services Eric Lenning 25801 Obrero Drive #11 Mission Viejo, CA 92691 (877) 271-7909 ericl@wasteoptimize.com Sullivan Property Management Marco Vartanian 2101 E Fourth St., Suite 200A Santa Ana, CA 92705 (714) 541-0288 Ext: 217 info@sullivanpm.com — www.sullivanpm.com

40 Years of Property Management Experience in Orange County.

See the Advertisers Index on Page 68 for the location of our ad.

AMS CONSTRUCTION “Your Trusted Partners”

Renovation & Roofing Expert Interior & Exterior Renovation:

Roofing:

• • • • • • • •

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Dry Rot Repairs Stucco & Paint Structural Repairs Drywall & Texture Parking Lots Concrete Electrical & Plumbing Window Replacement

Commercial Roofing Residential Roofing Structural Repairs PVC TPO Tile Shingle Fluid Applied System

www.amsroofingconstruction.com LIC# 992388

Call for a FREE Inspection!

info@amsroofingconstruction.com

833-267-7663

Rated #1 Construction Company in Southern California!

Excellent Customer Service & Competitive Pricing!

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SVN / Vanguard — Cameron Irons Cameron Irons 120 W. 5th Street #210 Santa Ana, CA 92701 (714) 446-0600 cirons@svn.com — www.svnvanguard.com

See the Advertisers Index on Page 68 for the location of our ad.

TAG / AMS, Inc. Rick Denver 10572 Chestnut Street Los Alamitos, CA 90720 (562) 280-0177 rickdenver@tagams.com The Bank of Southern California Pam Marble 625 The City Drive, Suite 140 Orange, CA 92868 (714) 352-7475 pmarble@banksocal.com The Bee Man Jerry Bryant 25652 Taladro Circle, Suite G Mission Viejo, CA 92691 (949) 455-0123 b@beemanbuzz.com — www.beemanbuzz.com The Door & Window Company Elsa Pizana 1529 W. Alton Avenue Santa Ana, CA 92704 (714) 754-4085 elsa@thedoorandwindow.com The Flying Locksmiths Matt Johnston 6402 Maple Avenue Westminster, CA 92683 (562) 758-7510 orange@flyinglocksmiths.com The Liberty Group Stefanie Koslosky 500 N. State College, Suite 1100 Orange, CA 92868 (657) 221-2340 stefaniek@thelibertygroup.com — www.thelibertygroup.com The Management Works Chip Robinson 1303 Avocado Ave #260 Newport Beach, CA 92660 (949) 644-2063

www.mgtworks.com We provide apartment property management in Southern California.

Titanium Restoration Services Company Victor Martinez P.O. Box 4584 Anaheim, CA 92801 (714) 290-5875 titaniumrestoration@gmail.com

TO’ and MO’ Towing Robert Heer 518 N. Poinsettia Ave. Santa Ana, CA 92701 (714) 543-0879 rchjr@pacbell.net

Towing company with 4 locations in Orange County.

Total Rooter & Plumbing 1920 W. Commonwealth #2304 Fullerton, CA 92837 (657) 217-6557 totalbfrp@gmail.com

See the Advertisers Index on Page 68 for the location of our ad.

TouchPoint Brian Maguire 13681 Newport Ave, Suite 8118 Tustin, CA 92780 (714) 614-8221 brian@touchpoint365.com — www.touchpoint365.com Urban Surfaces Krysten Stiffler 1121 Olympic Drive Corona, CA 92881 (951) 223-9845 Krysten.S@UrbanSurfaces.com — www.urbansurfaces.com USGI — Upland Group William Estela 2390 E. Orangewood Avenue #520 Anaheim, CA 92806 (855) 787-5263 westela@usg.org — www.usg.org Valet Living Briana Sellers 100 South Ashley Drive, Suite 700 Tampa, FL 33602 (813) 248-1327 briana.sellers@valetliving.com — www.valetliving.com Vesync Chao Wang 1065 N. Pacificenter Dr, Suite 410 Anaheim, CA 92806 (714) 479-2050 danica.chin@vesync.com WASH Multi Family Laundry Systems Tracy McMahon 100 N. Sepulveda Blvd., 12th Floor El Segundo, CA 90245 (800) 421-6897 Ext: 1625

WIRE Associates 840 Newport Center Dr #100 Newport Beach, CA 92660 (949) 677-3466 cw@newOChome.com Yardi Systems Inc. 430 S. Fairview Avenue Goleta, CA 93117-3124 (805) 699-2040 kelly.krier@yardi.com Ygrene Energy Fund Emily Ramey 2100 South McDowell Blvd.

Petaluma, CA 94954 (415) 261-7578 emily.ramey@ygrene.com

Zebra Construction Inc. Michelle Durey 145 S Fairfax Ave Los Angeles, CA 90036 (310) 890-3989 info@zebraconstruct.com Zumper 49 Geary St. San Francisco, CA 94108 714) 262-4213 darcy@zumper.com

Coin-operated laundry equipment. See the Advertisers Index on Page 68 for the location of our ad.

Water Heater Man, Inc. Jim Green 570 W. Freedom Ave. Orange, CA 92865 (714) 282-7098 tommyg@waterheatermaninc.com

Water Heater/boiler service and installation.

Wesierski & Zurek, LLP Terence P. Carney Thomas B. Cummings One Corporate Park Dr., Second Floor Irvine, CA 92606 (949) 975-1000 tcarney@wzllp.com tcummings@wzllp.com — www.wzllp.com

Defense of Landlord/Tenant, Premises Liability and Employment Matters.

West Coast Drywall & Paint Aaron Fernandez 1610 W. Linden Avenue Riverside, CA 92507 (951) 778-3592 aaron.fernandez@wcdp.com WICR Waterproofing & Decking 901 E. Taquitz Canyon Way, Suite A105 Palm Springs, CA 92262 (888) 388-9427 sean@wicr.net

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1.877.522.2377 | www.AccessExt.com July 2021

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67

ADVERTISERS’ INDEX

Category

FLOORING, REPAIRS, TILE

PLUMBING, CONTRACTORS SUPPLIES

Buffalo Maintenance, Inc....................................2, 12

California Rooter & Plumbing................................45

Carpet Crafts.................................................................61

See page 70 for alphabetical listings

AIR CONDITIONING & HEATING

CONCRETE MAINTENANCE & REPAIR

JM Air Conditioning & Heating............................10

AMS Construction......................................................66

APPLIANCES—REPAIRS, PARTS, RENTALS

Lin-Ed’s Appliance Service & Repair...................54 ORCO Apartment Supply........................................47 R&B Wholesale Distributors, Inc. .......Back Cover APPRAISALS/VALUATIONS

Lee Walker Appraisals...............................................24 ASPHALT SALES & SERVICE

AMS Construction......................................................66 C & C Paving Company, Inc....................................64

Urban Surfaces.............................................................69 HANDYMAN

Total Rooter & Plumbing.........................................58 PROPERTY MANAGEMENT

Appfolio Property Manager...................................43

South Coast Construction & Repair....................57

JLE Property Management Inc.............................17

HEATING & AIR CONDITIONING

CONSTRUCTION

ORCO Apartment Supply........................................47

Buffalo Maintenance, Inc....................................2, 12

Buffalo Maintenance, Inc....................................2, 12 C & C Paving Company, Inc....................................64

EZ Drain & Plumbing.................................................52

ProActive Realty Investments Inc........................56 Roberts Management & Investments...............10

AMS Construction......................................................66

JM Air Conditioning & Heating............................10

Buffalo Maintenance, Inc....................................2, 12

INSURANCE

Sullivan Property Management...........................72

Farmers Insurance —

RAIN GUTTERS

COUNTERTOPS

Buffalo Maintenance, Inc....................................2, 12 DECK COATINGS, MAGNESITE REPAIRS, WATERPROOFING

Theresa Simes Agency.............................................56 KITCHEN RENOVATIONS

South Coast Real Estate & Property Mgmt......21

Argos Home Systems................................................54 REAL ESTATE EDUCATION

Santiago Canyon College........................................49

Buffalo Maintenance, Inc....................................2, 12

MTD Kitchen.................................................................23

REAL ESTATE INVESTMENTS

ATTORNEYS

Rash Yambo Decking & Stairs...............................64

South Coast Construction & Repair....................57

Block & Associates......................Inside Back Cover

DOORS, WINDOWS

The Door & Window Company..............................9

Kay Properties and Investments LLC..................35

Bear Windows...............................................................13

LEAK DETECTION

KW Commercial – Randy Combs........................20

BATHROOM RENOVATIONS

Buffalo Maintenance, Inc....................................2, 12 South Coast Construction & Repair....................57

The Door & Window Company..............................9

California Rooter & Plumbing................................45

Apex Window Decor.................................................68

DRAPERIES/BLINDS/WINDOW COVERINGS

LENDING

Advisors — William Webster..........................65

Pacific Premier Bank..................................................11

W. R. Gorman................................................................48 ROOFING

Apex Window Decor.................................................62

MAIL BOXES

DCM Services................................................................66

R&B Wholesale Distributors, Inc. .......Back Cover

ORCO Apartment Supply........................................47

CABINETS/REFINISHING

DRUG TESTING

R&B Wholesale Distributors, Inc. .......Back Cover

Buffalo Maintenance, Inc....................................2, 12

TAG/AMS, Inc................................................................14

South Coast Construction & Repair....................57

DRYWALL

CARPENTRY

AMS Construction......................................................66

Carpet Crafts.................................................................61 ORCO Apartment Supply........................................47 R&B Wholesale Distributors, Inc. .......Back Cover COIN-OPERATED LAUNDRY EQUIPMENT

ACE Commerical Laundry Equipment, Inc......27 National Service...........................................................55

AMS Construction......................................................66 Dale’s Roofing...............................................................64

Sondance Painting.....................................................62 EARTHQUAKE RETROFITTING

CARPETS

SVN | Vanguard Commercial Real Estate

Bona Fide Mortgage....................................................6

BOILER SYSTEMS

Buffalo Maintenance, Inc....................................2, 12

ProActive Realty Investments Inc........................56 South Coast Real Estate & Property Mgmt......21

DRAINS

Aarow Drain & Plumbing........................................20 BLINDS

California Rooter & Plumbing................................45

CBRE...................................Insert, Inside Front Cover

Imperial Roof Management...................................59

Buffalo Maintenance, Inc....................................2, 12

McCarthy Roofing.......................................................60

R&B Wholesale Distributors, Inc. .......Back Cover

McCormack Roofing..................................................25

S M Painting Corp.........................................................6

Optimum Seismic.......................................................19

MOLD REMEDIATION

ELECTRICAL

American Environmental Specialists..................52

AMS Construction......................................................66 Buffalo Maintenance, Inc....................................2, 12 ENVIRONMENTAL SERVICES

American Environmental Specialists..................52

PAINT SALES & SERVICE

AMS Construction......................................................66 Rash Yambo Decking & Stairs...............................64 S M Painting Corp.........................................................6

EVICTIONS

Guardian Roofs.............................................. Insert, 63

MAINTENANCE, REPAIRS, PRODUCTS

Sondance Painting.....................................................62

Royal Roofing................................................................15 UTILITY BILLING

Livable..............................................................................29 Southern California Regional Energy Network....................................................................37 WATER HEATERS

California Rooter & Plumbing................................45 ORCO Apartment Supply........................................51 WINDOWS

WASH Multi Family Lanundry Systems...............7

Block & Associates......................Inside Back Cover

COLLECTIONS

FENCING & GATES

PEST CONTROL

Bear Windows...............................................................13

Block & Associates......................Inside Back Cover

Buffalo Maintenance, Inc....................................2, 12

Access Exterminator Service..................................67

The Door & Window Company..............................9

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AMS Construction......................................................66

The Multi-Family Flooring Solution

MULTI-FAMILY

SOUND-REDUCING

WATERPROOF

Increase your property value and lower your maintenance costs to the benefit of your tenants with quality flooring in a variety of styles, sizes, and patterns. High performance design and speed of installation at compelling values will give you the power to maximize your business and satisfy your clients with relative ease.

Designed specifically for multi-level housing, Urban Surfaces’ floors, reduces the amount of sound being transfer in both impact generated or ambient sounds. Allowing tenents peaceful nights from their upstairs neighbors.

100% waterproof flooring, ensures that the floor won’t get damaged from nasty spills or flooding. Pet Friendly and easy to clean makes these floors last longer.

U R B A N S U R FA C E S . C O M

July 2021

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69

ADVERTISERS’ INDEX

Alphabetical

See page 68 for category listings

Aarow Drain & Plumbing...........................................20

EZ Drain & Plumbing....................................................52

Rash Yambo Decking & Stairs..................................64

Access Exterminator Service.....................................67

Farmers Insurance — Theresa Simes Agency....56

R&B Wholesale Distributors, Inc. ..........Back Cover

ACE Commerical Laundry Equipment, Inc.........27

Guardian Roofs................................................. Insert, 63

Roberts Management & Investments..................10

American Environmental Specialists.....................52

Imperial Roof Management......................................59

Royal Roofing...................................................................15

AMS Construction.........................................................66

JLE Property Management Inc................................17

Santiago Canyon College...........................................49

Angelo Termite & Construction...............................37

JM Air Conditioning & Heating...............................10

S M Painting Corp............................................................6

Apex Window Decor....................................................62

Kay Properties and Investments LLC.....................35

Sondance Painting........................................................62

Appfolio Property Manager......................................43

KW Commercial – Randy Combs...........................20

Argos Home Systems...................................................54

Lee Walker Appraisals..................................................24

Bear Windows..................................................................13

Lin-Ed’s Appliance Service & Repair......................54

Block & Associates.........................Inside Back Cover

Livable.................................................................................29

Bona Fide Mortgage.......................................................6

McCarthy Roofing..........................................................60

Buffalo Maintenance, Inc.......................................2, 12

McCormack Roofing.....................................................25

C & C Paving Company, Inc.......................................64

MTD Kitchen....................................................................23

TAG/AMS, Inc...................................................................14

California Rooter & Plumbing...................................45

National Service..............................................................55

The Door & Window Company.................................9

Carpet Crafts....................................................................61

Optimum Seismic..........................................................19

Total Rooter & Plumbing............................................58

CBRE......................................Insert, Inside Front Cover

ORCO Apartment Supply...........................................47

Urban Surfaces................................................................69

Dale’s Roofing..................................................................64

Pacific Premier Bank.....................................................11

W. R. Gorman...................................................................48

DCM Services...................................................................66

ProActive Realty Investments Inc...........................56

WASH Multi Family Lanundry Systems..................7

South Coast Construction & Repair.......................57 South Coast Real Estate & Property Mgmt.........21 Southern California Regional Energy Network.......................................................................37 Sullivan Property Management..............................72 SVN | Vanguard Commercial Real Estate Advisors — William Webster.............................65

If you don’t advertise, something terrible will happen…

nothing To discover the benefits of advertising in Apartment News magazine, contact Debbie DiBernardo at

(714) 245-9500

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Tenant Eviction Unlawful Detainer

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