As Q3 comes to a close, the Kenny Stevens Team is proud to share that our group has been recognized on the Los Angeles Times 2025 CRE Visionary List, which highlights the top commercial real estate professionals shaping the Southern California market. For our team, the recognition is a reflection of persistence, collaboration, and the trust of clients who continue to partner with us through a challenging period for the industry.

The honor comes during a year where interest rates, buyer sentiment, and new city policies have added complexity to every stage of the transaction process. Even so, our Los Angeles multifamily real estate team has closed 17 transactions so far this year, with several more currently in escrow. Each deal required creativity and discipline, underscoring that strong results are still achievable in a market that demands strategy, relationships, and a steady hand.

At the same time, legislation across the region continues to shift. The City of Los Angeles is debating rent control reforms that could lower allowable increases to 5%, while Santa Monica is considering new labor mandates that may raise operating costs for local businesses. These discussions highlight the importance of staying informed about policies that shape the investment landscape. Both stories are included below for those who want deeper insight into how these proposals may affect property valuations and long term planning.

As we prepare for Q4, we remain grateful for the clients, colleagues, and partners who continue to put their trust in us. Our focus remains the same. We strive to provide clear guidance, meaningful data, and strong execution in every market environment. We look forward to navigating the road ahead with you and creating more opportunities in the months to come.