By Jimmy Leach & Anthony Annunziata Strands Realty Group March 16th, 2026 Something is changing in Costa Mesa, and it is moving faster than most owners realize. The City Council is actively considering a citywide rental registry program — a proposal that would require every housing provider to register their rental units, report detailed rental data, submit tenant notices directly to the city, and pay annual registration fees. A formal vote on whether to direct city staff to

By Erik Ransdell and Mike Annunziata Strands Realty Group March 2026 In early February, KBRA released its January 2026 CMBS loan performance report. Buried in the data was a number that should get the attention of every hotel owner in the country. Lodging delinquencies climbed 38 basis points in a single month, pushing the hotel CMBS delinquency rate to 5.94 percent. That figure, on its own, tells part of the story. But it becomes far more significant when you consider what i

By Erik Ransdell and Mike Annunziata Strands Realty Group February 2026 On October 6, 2025, something unusual happened. Marriott International, Hilton, and Wyndham Hotels and Resorts each launched a new collection brand on the same day. Within weeks, IHG Hotels and Resorts announced yet another. That kind of timing is not a coincidence. It is the clearest signal yet that the largest hotel companies in the world are locked in an aggressive, coordinated race to reshape how the

By Jimmy Leach and Anthony Annunziata Strands Realty Group February 9th, 2026 As 2026 begins, Orange County multifamily is moving into a different phase. This is no longer a market where performance is defined by rapid rent growth and easy leverage. It is a market where fundamentals still hold, but pricing and value are being determined by the cost of capital, financing structure, and how clean the operating story is. Across Orange County, owners and investors are no longer a