Beyond Space Inc.

𝐉𝐨𝐢𝐧 𝐎𝐮𝐫 𝐓𝐞𝐚𝐦: 𝐖𝐞'𝐫𝐞 𝐇𝐢𝐫𝐢𝐧𝐠 𝐚 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐀𝐬𝐬𝐢𝐬𝐭𝐚𝐧𝐭 𝐚𝐭 𝐁𝐞𝐲𝐨𝐧𝐝 𝐒𝐩𝐚𝐜𝐞 𝐈𝐧𝐜. Beyond Space Inc. is excited to announce we're #hiring for a Property Management Assistant, dedicated to supporting the day-to-day operations of our residential and commercial properties across Los Angeles. This role is perfect for individuals with a strong background in #propertymanagement or leasing, who thrive in dynamic environments and are committed to maintaining high standards of tenant relations and property maintenance. The successful candidate will be instrumental in managing rental activities, addressing tenant concerns, coordinating maintenance efforts, and ensuring compliance with all relevant laws. Your contribution will be key in sustaining the operational excellence and tenant satisfaction that define our properties. Also, we value strong organizational skills, excellent communication abilities, and a proactive approach to problem-solving. If you're ready to step into a role that challenges and rewards in equal measure, we would love to hear from you. Please direct message your resume to info@beyondspacecorp.com with the subject line "Job Application: Property Management Assistant - LinkedIn" to be considered for this exciting opportunity. Join us!

𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐑𝐞𝐧𝐭 𝐇𝐢𝐤𝐞 𝐖𝐚𝐯𝐞 𝐢𝐧 𝐆𝐫𝐞𝐚𝐭𝐞𝐫 𝐋𝐨𝐬 𝐀𝐧𝐠𝐞𝐥𝐞𝐬: 𝐀 𝐂𝐥𝐨𝐬𝐞𝐫 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐇𝐨𝐮𝐬𝐢𝐧𝐠 𝐒𝐮𝐩𝐩𝐥𝐲 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬 As we step into 2025, #LosAngeles residents face an unwelcome surge in rent increases, with some tenants seeing hikes up to 6%. This uptick is largely due to the Los Angeles City Council's delay in voting on crucial rent control reforms, which has left many renters subject to the old formula that allows substantial increases. This situation spotlights a deeper issue in the LA housing market— a significant shortage of housing supply. The city's existing rent control measures apply to properties built before October 1978, but without sufficient new construction to meet demand, even rent-controlled apartments are becoming increasingly expensive. Recent reports suggest that LA needs to build over 50,000 homes annually through 2029 to meet demand, yet current construction rates are lagging, exacerbating the supply crunch. Landlords, facing rising operational costs, argue that the restrictions imposed by rent control make it difficult to maintain and improve properties, pushing them to seek maximum allowable increases to cover their expenses. Meanwhile, tenants, especially those on fixed incomes, struggle with rent hikes that outpace their earnings growth, pushing them towards a financial precipice. Without an increase in housing supply, Los Angeles risks deepening its affordability crisis, which could drive long-term residents out of the market. For more insights into how these dynamics are reshaping the Los Angeles real estate landscape, follow us at Beyond Space Inc. Join the conversation on how we can foster a balanced housing market that serves both landlords and tenants effectively.

𝐅𝐞𝐝𝐞𝐫𝐚𝐥 𝐑𝐞𝐬𝐞𝐫𝐯𝐞 𝐒𝐢𝐠𝐧𝐚𝐥𝐬 𝐚 𝐒𝐡𝐢𝐟𝐭: 𝐈𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 The #FederalReserve's recent decision to cut benchmark interest rates by another 25 basis points—capping off 2024 with a cumulative one-point reduction—has reverberated through the financial and real estate markets. Despite the cut, Fed Chair Jerome Powell indicated a potential pause in the rate cuts for 2025, leading to a notable drop in stock markets, with the Dow plunging by 2.6%. This announcement has particularly impacted #commercialrealestate stocks, signaling potential challenges for the sector. While the rate cuts have been aimed at bolstering the economy, the Fed's cautious stance towards future adjustments suggests a strategy to stabilize the economic landscape amidst ongoing inflation concerns. For the commercial real estate sector, this could mean mixed outcomes. On one hand, lower rates may alleviate some refinancing risks and support property values, especially in multifamily housing, by compressing capitalization rates. On the other hand, sectors like office spaces, already grappling with structural changes, might not see significant benefits from these cuts alone. Investors and developers, especially those in the early stages of construction, may find some relief in lower short-term construction financing costs. However, with the 10-year Treasury yield reaching 4.5%, long-term financing remains expensive, potentially dampening enthusiasm for new projects. As the Fed approaches its next meeting with a conservative outlook, the commercial real estate sector must brace for a landscape where strategic planning and adaptability will be key to navigating the uncertain economic waters ahead. For insights into how these economic developments affect your real estate decisions, follow us at Beyond Space Inc. for personalized guidance and support.

𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐨𝐧 𝐁𝐞𝐭𝐰𝐞𝐞𝐧 𝐓𝐡𝐚𝐧𝐤𝐬𝐠𝐢𝐯𝐢𝐧𝐠 𝐚𝐧𝐝 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 Thanksgiving, a holiday rooted in the celebration of harvest and gratitude, shares a deeper connection with #realestate than one might initially think. The first #Thanksgiving in 1621 emphasized the vital relationship between the Pilgrims and the Wampanoag tribe, underscoring the importance of land stewardship—a fundamental aspect of today’s real estate. This collaboration was crucial for the Pilgrims' survival, highlighting how land ownership has been pivotal for sustenance and economic opportunity since America's earliest days. As real estate professionals, we recognize that Thanksgiving reflects the comfort and stability provided by homeownership, which resonates deeply during holiday gatherings in our homes. Additionally, the holiday season typically marks a slowdown in real estate activity, offering strategic opportunities for buyers and sellers amidst reduced competition. The historical settlement by the Pilgrims also represents one of the first major land acquisitions in the new world, echoing today's pursuit of the American dream of land ownership. Moreover, Thanksgiving brings to the forefront the contrasting views of land between Native Americans and Europeans—a reminder of the diverse perspectives that continue to influence real estate discussions. As we celebrate Thanksgiving, let's appreciate the profound connections between our homes, the land they occupy, and the communities we cherish. For more insights into how historical events shape our modern industry, follow us at Beyond Space Inc.

📍𝐅𝐎𝐑 𝐋𝐄𝐀𝐒𝐄: 𝐂𝐫𝐞𝐚𝐭𝐢𝐯𝐞 𝐒𝐭𝐮𝐝𝐢𝐨 | 𝐋𝐢𝐯𝐞 - 𝐖𝐨𝐫𝐤 𝐋𝐨𝐟𝐭 Elevate your business with our newly renovated #LiveWorkSpace located in the vibrant heart of Mid City, Los Angeles. Beyond Space Inc. is pleased to present the Washington Lofts, available now for lease! These units boast an open floor plan enhanced by natural lighting, making it an ideal environment for creative studios or dynamic startups. Each suite features wood flooring, private restrooms, and gated parking, ensuring a blend of style, comfort, and security. Strategically positioned in West Adams Heights, these spaces offer excellent walkability (81) and good transit accessibility (61), with quick connections to all major Downtown LA freeways. Just minutes from the University of Southern California and the bustling Downtown area, the location is perfect for businesses looking to thrive in a central, accessible spot. Unlock the potential of West Adams Heights for your business today. For more details or to schedule a viewing, contact us at Beyond Space Inc. Navigate your business's future in a space designed for success. #LosAngelesRealEstate

𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐢𝐧 𝐋𝐨𝐬 𝐀𝐧𝐠𝐞𝐥𝐞𝐬' 𝐌𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 The multifamily real estate landscape in Los Angeles is currently facing significant challenges and opportunities, reflecting broader trends and local policy impacts. Recently, the failure of #Proposition33 in Los Angeles has spotlighted the ongoing debate around rent control measures. Stakeholders within the real estate sector have expressed relief, arguing that expanded rent control could stymie development and negatively impact property values. This decision is seen as a protective measure for the investment climate, ensuring that development incentives remain intact amid regulatory challenges. However, the market is not without its difficulties. A concerning 29.7% year-over-year decline in new unit completions underscores a deepening housing shortage. This construction slowdown is more than a statistic; it's a critical bottleneck that is exacerbating the housing crisis in a county where the demand for residential space continues to evolve and expand. As new constructions lag, the existing housing stock struggles to meet the growing needs of the population, pushing tenants towards more affordable housing options. This shift highlights a mismatch between the high-end units that have recently come onto the market and what many residents can afford or are willing to pay, given the economic pressures of today's cost of living. This scenario calls for a balanced approach to policymaking and development—one that encourages growth while making affordability a priority. For developers and investors, the current market conditions suggest a strategic pivot might be necessary, focusing on affordability and value to meet tenant demand. As we navigate these challenging times, it's more important than ever for stakeholders to stay informed and agile, ready to adapt to the rapidly changing landscape of #LosAngeles real estate. For more insights into the multifamily market and expert guidance on navigating these waters, follow our page Beyond Space Inc.

📍𝐅𝐎𝐑 𝐋𝐄𝐀𝐒𝐄: 𝐒𝐡𝐨𝐰𝐫𝐨𝐨𝐦 | 𝐋𝐢𝐯𝐞 - 𝐖𝐨𝐫𝐤 𝐋𝐨𝐟𝐭 Discover the potential of a versatile live-work loft at 3751 E. Olympic Blvd in the dynamic neighborhood of Boyle Heights, Downtown #EastLosAngeles. Offering a generous 1,500 square feet of flex space, Unit 102 is ideally suited for businesses seeking an open layout combined with functional design elements. This unit features high ceilings, concrete flooring, abundant natural light, and includes modern amenities such as a private restroom, HVAC system, and a kitchenette with a stove. Unique to this property are two fully equipped recording studios and a roll-up door that enhances accessibility, making it perfect for creative studios or small-scale manufacturing businesses. Safety and privacy are prioritized with gated parking exclusive to tenants. Positioned in a highly accessible location, the property ensures easy access to Downtown LA’s main freeways, placing El Mercadito de Los Angeles, Mariachi Plaza, and the heart of Downtown LA only minutes away. Seize the opportunity to position your business in this exceptional space. Reach out today to explore how 3751 E. Olympic Blvd can serve as the foundation for your next #commercialrealestate venture. Contact Us at Beyond Space Inc. to Learn More!

𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐑𝐞𝐦𝐨𝐯𝐢𝐧𝐠 "𝐒𝐮𝐛𝐬𝐭𝐚𝐧𝐭𝐢𝐚𝐥 𝐑𝐞𝐦𝐨𝐝𝐞𝐥" 𝐄𝐯𝐢𝐜𝐭𝐢𝐨𝐧 𝐏𝐫𝐨𝐯𝐢𝐬𝐢𝐨𝐧 𝐨𝐧 𝐋𝐀'𝐬 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 The recent unanimous decision by the #LosAngeles City Council to eliminate the "substantial remodel" eviction provision marks a pivotal shift in the city's #housing policy. Previously, this provision allowed landlords to evict tenants for extensive renovations that made units uninhabitable for more than 30 days, thereby enabling property upgrades and subsequent rent adjustments. This change aimed at protecting tenant stability could significantly constrain landlords, particularly those owning rent-controlled properties, as it limits their ability to recoup renovation costs through rent hikes. This adjustment means navigating a tighter regulatory environment where making substantial property improvements becomes financially burdensome. The inability to temporarily relocate tenants during major renovations without financial recuperation may discourage necessary upgrades, potentially leading to a degradation of the city’s housing stock over time. Furthermore, this could prompt small landlords to exit the market, potentially reducing the availability of affordably priced rental units as properties may be sold to larger developers inclined to upscale or redevelop rather than maintain current rents. For more insights and industry news, follow us at Beyond Space Inc. on LinkedIn.

𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐓𝐞𝐧𝐚𝐧𝐭 𝐄𝐱𝐩𝐞𝐜𝐭𝐚𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐋𝐀'𝐬 𝐌𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 In the competitive landscape of #LosAngeles multifamily market, managing tenant expectations presents a unique set of challenges. One of which includes the rarity of high ratings for #propertymanagement companies on social media platforms like Yelp. Achieving a three-star rating is often viewed as a mark of excellence, a reflection not of subpar service but of the high demands and complex dynamics involved in tenant management. At Beyond Space Inc., we understand that clear and fair communication is paramount. Our approach to tenant relations hinges on this principle, ensuring that each interaction is transparent, especially when it comes to financial responsibilities and lease obligations. This stance is crucial in a city like Los Angeles, where tenant protections under #HACLA and LA County regulations play a significant role in shaping property management practices. We encounter complaints over various issues, and it is a delicate balance to maintain, especially in an environment where tenant rights are robustly protected, and any misstep in communication can lead to misunderstandings or disputes. To address this, we emphasize the importance of clarity from the onset of the tenant relationship. This policy not only helps in managing expectations but also in building trust and respect between tenants and management. While the multifamily market in Los Angeles is fraught with challenges, maintaining high standards of communication and transparency is key to navigating it effectively. For your management needs, follow us at Beyond Space Inc. on LinkedIn!

𝐎𝐩𝐭𝐢𝐦𝐢𝐬𝐦 𝐢𝐧 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐑𝐚𝐭𝐞𝐬 𝐀𝐦𝐢𝐝𝐬𝐭 𝐃𝐨𝐰𝐧𝐭𝐨𝐰𝐧 𝐋𝐀'𝐬 𝐎𝐟𝐟𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 The commercial real estate landscape, particularly in #DowntownLosAngeles, is experiencing a nuanced phase of transformation and challenge. However, there is cautious optimism in the sector with resurging investor interest which signals a potentially stabilizing market. This sentiment is echoed by the recent uplift in the #FannieMae Home Purchase Sentiment Index, where a growing number of consumers anticipate lower mortgage rates over the next year. The potential decline in mortgage rates could significantly impact the office market in Downtown Los Angeles, which is currently grappling with its highest vacancy rates in years. Lower rates may encourage refinancing and new investments, providing a much-needed boost to property values. As interest rates possibly stabilize, it could also lead to increased lending and investment activity, helping to absorb some of the excess office space that has emerged in the wake of the pandemic. However, the shift towards remote work continues to pose a significant threat to traditional office spaces, suggesting that the recovery might be uneven and sector-specific. For stakeholders in Downtown LA’s real estate, it’s a critical time to strategize on adaptive reuses of office spaces and to recalibrate investment approaches in anticipation of a hybrid work future. Follow our page Beyond Space Inc. for more insights and updates on market trends and real estate opportunities.