tag:blogger.com,1999:blog-55032001102386836492024-03-12T20:12:32.377-07:00Aaron Marzwell on BloggerAPPA Real Estate CEO Aaron Marzwell
Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-5503200110238683649.post-41112996136090604052022-11-07T16:29:00.005-08:002022-11-07T16:29:56.786-08:00How Governments Promote Affordable Housing through LIHTC<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDt5GKJ8VL7ZA1kGPx446JyJa7bWMif_nLR6bsfPwbqWoyTKJG4kLwneOz5VYuNQnL0oRBjU33Zza44gwz0OBT2215yvpfVCOIV4vuhejHWvVU_N1Rxt7tA7T24oOssEg73S4iaXlhBubyhpTZiTpBw4G_lY-X_rQDqhcPfAwSb8n01cTbgr546OCz9g/s851/Aaron%20Marzwell%20Govt.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Aaron Marzwell" border="0" data-original-height="661" data-original-width="851" height="249" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDt5GKJ8VL7ZA1kGPx446JyJa7bWMif_nLR6bsfPwbqWoyTKJG4kLwneOz5VYuNQnL0oRBjU33Zza44gwz0OBT2215yvpfVCOIV4vuhejHWvVU_N1Rxt7tA7T24oOssEg73S4iaXlhBubyhpTZiTpBw4G_lY-X_rQDqhcPfAwSb8n01cTbgr546OCz9g/w320-h249/Aaron%20Marzwell%20Govt.jpg" title="Aaron Marzwell" width="320" /></a></div><p></p><p>A resident of Los Angeles, California, Aaron Marzwell is a real estate developer and leader with extensive experience in residential property investment and development. Aaron Marzwell serves as CEO of APPA Real Estate, which provides affordable housing to low and middle-income workers.<br /><br />The Low-Income Housing Tax Credit (LIHTC) is an incentive used by state governments to promote the development of affordable housing projects. Affordable housing developers must provide proof that their proposed projects meet certain eligibility requirements. These requirements include allocation of 20 percent of housing units to tenants who earn less than 50 percent of the area median income (AMI), at least 40 percent of the units to tenants who earn up to 60 percent of AMI, and all units to tenants with income less than 80 percent of AMI. These proposals are vetted by state governments.<br /><br />When a developer's project is LIHCT-approved, the developer is awarded credits that can be sold to private investors in exchange for financial backing. When a private investor obtains an LIHTC, they can reduce their own tax liability after their housing project is put to use, meaning when tenants occupy the property. LIHTC-approved properties are typically townhouses, apartment buildings, and duplexes.</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjsjUbgIAPN-9OgbNKDvKIec7aIQ4EvakB9cF3ugXReYmF0LGbjpl8Qh1M12fL2XXd_IuoOrQaChtYMLLpPVIw91lpP6TWtV-E79fp_k0dIl2RRWSfAeKdEFNOBwRH2229PYUG7gRv4e9nxQbjwczeKPIX73U4n976790TYDIfGjEBV_HVTEqJ-_dCoUA/s640/Aaron%20Marzwell%20duplex.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="427" data-original-width="640" height="214" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjsjUbgIAPN-9OgbNKDvKIec7aIQ4EvakB9cF3ugXReYmF0LGbjpl8Qh1M12fL2XXd_IuoOrQaChtYMLLpPVIw91lpP6TWtV-E79fp_k0dIl2RRWSfAeKdEFNOBwRH2229PYUG7gRv4e9nxQbjwczeKPIX73U4n976790TYDIfGjEBV_HVTEqJ-_dCoUA/s320/Aaron%20Marzwell%20duplex.jpg" width="320" /></a></div><br /> <p></p>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-21795190558637223562022-10-28T16:27:00.003-07:002022-10-28T16:27:34.089-07:00Helpful Tips to Address Middle-Income Housing Scarcity in Cities<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjjHkauR17SsCfHh68jq9LrXgQ1Nku3OoKquvxciqu6xDlsPlZL2re0-BpNrw9Xtzh38O3PWS2muGEl4B3LrovCDR05SNJ9RZ3WD7Q1QPQzXwJlMPPGfYqDb8mPZuhnyxc06_mrh-r0b2cuKVt3FCQE_F7ouncXdK5zTfr5IcJBPfivaeSHPKNw5iY_IQ/s650/Aaron%20Marzwell%20tips.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Aaron Marzwell" border="0" data-original-height="629" data-original-width="650" height="310" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjjHkauR17SsCfHh68jq9LrXgQ1Nku3OoKquvxciqu6xDlsPlZL2re0-BpNrw9Xtzh38O3PWS2muGEl4B3LrovCDR05SNJ9RZ3WD7Q1QPQzXwJlMPPGfYqDb8mPZuhnyxc06_mrh-r0b2cuKVt3FCQE_F7ouncXdK5zTfr5IcJBPfivaeSHPKNw5iY_IQ/w320-h310/Aaron%20Marzwell%20tips.jpg" title="Aaron Marzwell" width="320" /></a></div><p></p><p>The founder and CEO of APPA Real Estate, Aaron Marzwell has worked as a real estate developer throughout his career. Under Aaron Marzwell’s supervision, APPA Real Estate focuses on impact investing and co-living, as well as workforce housing, which provides housing at affordable rates for middle-income employees.<br /><br />In the United States, middle-income workers have been facing scarce affordable housing. Most affordable housing programs aim to provide housing for households that make less than 60 percent of their cities' median income. Middle-income workers, such as firefighters and teachers, typically earn 80-120 percent of their area median income, which makes them ineligible for low-income affordable housing programs.<br /><br />To provide workforce housing (housing designed for middle-income workers), both state governments and private landlords have to play critical roles. The Urban Land Institute (ULI) has offered a detailed recommendation for some regions of the United States. For example, ULI has recommended creating a dedicated housing trust fund, developing vacant land, rehabilitating underutilized public resources, and nullifying statutes that prevent single-family homeowners from renting out vacant dwelling units on their properties. These strategies can attenuate the scarcity of dwelling units in cities.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjEJEEe7JYgt1lrDGIHpXf4PI66bELiW9a-ZFYXBR9bSPf6e4Ju4U7a6ffqT6TxgFffeBdo5rluDzsVeTca8Zv19yAruof5tDFTEvUAlFHU_h3XPdmJzPxH8UH48mLukUdrdTVEEvB4bI1shlCgeM3yuXeorbi3b-tmvb_kmkrauc5Efy66MtrbXbaNAA/s639/Aaron%20Marzwell%20los%20angeles.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Los Angeles" border="0" data-original-height="426" data-original-width="639" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjEJEEe7JYgt1lrDGIHpXf4PI66bELiW9a-ZFYXBR9bSPf6e4Ju4U7a6ffqT6TxgFffeBdo5rluDzsVeTca8Zv19yAruof5tDFTEvUAlFHU_h3XPdmJzPxH8UH48mLukUdrdTVEEvB4bI1shlCgeM3yuXeorbi3b-tmvb_kmkrauc5Efy66MtrbXbaNAA/w320-h213/Aaron%20Marzwell%20los%20angeles.jpg" title="Los Angeles" width="320" /></a></div><br /><p><br /></p>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-59570627969641320712022-09-30T11:09:00.006-07:002022-09-30T11:09:55.912-07:00How Tax-Exempt PABs Promote Affordable Housing<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgdCbsQr6S2SQy5lnLDRL_yo5Ir895b9WEi5n8SbU08PaiGflTq0S5WOu27E1dkoZ2UAc3OzDraD4HDsQC4ECHBWExPWgng3sksIDvGmSfLJayDh2CAoaOse-UNNcyAatD_aMC7kyFKRHkbb_gTFE8HuhS6q1T4VqpEiLBP9rZipWm3yw8df-z3jmJtZg/s650/Aaron%20Marzwell%2053.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Aaron Marzwell" border="0" data-original-height="451" data-original-width="650" height="222" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgdCbsQr6S2SQy5lnLDRL_yo5Ir895b9WEi5n8SbU08PaiGflTq0S5WOu27E1dkoZ2UAc3OzDraD4HDsQC4ECHBWExPWgng3sksIDvGmSfLJayDh2CAoaOse-UNNcyAatD_aMC7kyFKRHkbb_gTFE8HuhS6q1T4VqpEiLBP9rZipWm3yw8df-z3jmJtZg/w320-h222/Aaron%20Marzwell%2053.jpg" title="Aaron Marzwell" width="320" /></a></div><p></p><p>Aaron Marzwell is an established real estate executive and developer with a proven track record of leading several real estate businesses. He formerly led CIM Group for seven years, during which he oversaw the development of numerous real estate projects. Aaron Marzwell currently leads APPA Real Estate, which emphasizes impact investing and workforce housing, as well as providing housing at affordable rates.<br /><br />According to the California Statewide Communities Development Authority (CSCDA), many affordable housing projects in the US are capitalized through loans. One category of debt securities primarily used in this capacity is private activity bonds (PABs). PABs allow investors or bond holders to borrow entities their money in favor of municipality-qualified projects with public benefits. PABs are encouraged by the government and issued by financial institutions to private entities that are looking to develop projects that can benefit a region. Affordable rental housing is one of these projects.<br /><br />In tax-exempt PABs, investors borrow their money from private entities through financial institutions, and the money they gain due to bond interest is not included in their tax statements. In other words, tax-exempt PAB bond holders won’t pay tax for capital gains associated with the service. For this reason, many investors consider PABs as an efficient tax minimization strategy. This means private entities can easily obtain loans for their affordable housing projects.</p>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-28818157526812461042022-09-27T08:00:00.001-07:002022-09-27T08:00:00.165-07:00APPA’s Various Impact Investing Strategies<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiasEjx19gGxyUyFbS67cKXVo673AVyiz1vio20QN5fGqu_Td5YCwRAblqqGnjQ-xbD6VLGL5FENRaN_2u8H0x1qGT7RzUbdCVnVbO6pVfTcE_0F_ya_uqHS1mWD_mphtOXkVmLyjY0W_0Bd3m9yoVve6s4TTX2Eoqcc5FFj4TvHMJWY224RG4OsZwqyA/s916/Aaron%20Marzwell%20group.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Aaron Marzwell" border="0" data-original-height="487" data-original-width="916" height="170" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiasEjx19gGxyUyFbS67cKXVo673AVyiz1vio20QN5fGqu_Td5YCwRAblqqGnjQ-xbD6VLGL5FENRaN_2u8H0x1qGT7RzUbdCVnVbO6pVfTcE_0F_ya_uqHS1mWD_mphtOXkVmLyjY0W_0Bd3m9yoVve6s4TTX2Eoqcc5FFj4TvHMJWY224RG4OsZwqyA/w320-h170/Aaron%20Marzwell%20group.jpg" title="Aaron Marzwell" width="320" /></a></div><p></p><p>A California developer from Los Angeles, Aaron Marzell has been the CEO at APPA Real Estate since 2013. In this role, Aaron Marzwell assists with raising funding for the various mixed-use and affordable housing projects with which the company is involved.</p><p>In addition to conventional projects, APPA Real Estate is involved with impact investing. This type of investing involves using capital to generate money while at the same time investing in a venture that produces positive environmental or social outcomes.</p><p>APPA Real Estate raises funding to complete projects, mostly focused on affordable and mixed-use projects, but also on projects that impact their communities. Its green real estate strategies emphasize improving energy and water efficiency, reducing waste through recycling, not using single-use plastic during construction, and using bottle fillers at these sites.</p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj0H1noX62ecQPaK8_qC66PHeswgXlRB49LqIYdCrU4JBvNhEcWzqYPqkCb9AHEAqPNqpOIQU9m06HQe61tc05GyIc_61MhLwkUTYGeN99XOY5rkJc9FsKP03ADdEoOVYFgr5MaM9FzxXybJ7mCCQ_fMtGiI8FFHF-7Wnx4btNQ29h4v8LixwaUBQJOSw/s640/pexels-eziz-charyyev-1475938.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="427" data-original-width="640" height="214" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj0H1noX62ecQPaK8_qC66PHeswgXlRB49LqIYdCrU4JBvNhEcWzqYPqkCb9AHEAqPNqpOIQU9m06HQe61tc05GyIc_61MhLwkUTYGeN99XOY5rkJc9FsKP03ADdEoOVYFgr5MaM9FzxXybJ7mCCQ_fMtGiI8FFHF-7Wnx4btNQ29h4v8LixwaUBQJOSw/s320/pexels-eziz-charyyev-1475938.jpg" width="320" /></a></div><p>The firm’s project also emphasizes community sustainability. These projects often include areas where residents can congregate and interact with one another, have some input on the project itself, and serve needs integral to the community’s vitality. The belief is that by incorporating these elements, the projects will build cohesiveness into the culture of the community, an important element in sustainable communities.<br /><br /></p>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-22131566121526535842022-09-23T11:36:00.001-07:002022-09-23T11:36:39.095-07:00Published: APPA Completes Pasadena Mixed-Use Project in 2022<img src='https://miro.medium.com/max/700/1*WhQ4NDKMaGC8HYpLV8uelA.jpeg' style='max-width:586px;' /><br />
<div>I published <a href="https://medium.com/@aaronmarzwell/appa-completes-pasadena-mixed-use-project-in-2022-912684dfcc69?source=ifttt--------------3" rel="nofollow">“APPA Completes Pasadena Mixed-Use Project in 2022”</a> on @Medium</div>
Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-5508673094416223442022-09-14T01:57:00.007-07:002022-09-23T11:43:41.263-07:00UN Works to Squash the Uptick in Anti-Semitism Globally<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5MVgpTL2Oj4Pm2s1Eg9yU37mOtL9_ytF8ues32cSuiN8TJDEDgXlJ2PDRiFbDFDuhzY8JUIZA2cDJYCDtu0J8GdB5SyZWFcz-31xzglsLNouZyF_zRwoZgXQE5uWSFlfnFN1VbvLqiZj85RBNvLl_4hqZatBsVMje9mpplet0WPAvZcPhcp8pwki6IA/s6016/pexels-mikhail-nilov-8542556.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="6016" data-original-width="4016" height="564" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5MVgpTL2Oj4Pm2s1Eg9yU37mOtL9_ytF8ues32cSuiN8TJDEDgXlJ2PDRiFbDFDuhzY8JUIZA2cDJYCDtu0J8GdB5SyZWFcz-31xzglsLNouZyF_zRwoZgXQE5uWSFlfnFN1VbvLqiZj85RBNvLl_4hqZatBsVMje9mpplet0WPAvZcPhcp8pwki6IA/w377-h564/pexels-mikhail-nilov-8542556.jpg" width="377" /></a></div><br /> Aaron Marzwell, a Los Angeles, California developer, is CEO of APPA Real Estate, a firm specializing in the development of housing. . Outside of his work with APPA Real Estate, Aaron Marzwell is the co-chairman of the Simon Wiesenthal Center located in Los Angeles, Florida, New York, and Illinois.<p></p><p>In June 2022, the Simon Wiesenthal Center announced its support for the United Nations (UN) initiative to reduce the rising anti-Semitic sentiment worldwide. A global human rights organization, the Simon Wiesenthal Center, researches the Holocaust while trying to give historical context to hate and terrorism. Not only does the organization focus on understanding the history of the anti-Semitism around the world, but it also stands with Israel and defends Jewish people worldwide.</p><p>The High Representative of the UN Alliance of Civilizations, Miguel Moratinos, the European Union, UN Ambassadors, and representatives from Jewish organizations recognized this trend. Soon after, a collaboration among people from different organizations worldwide set about devising a plan to address these issues.</p><p>Some ideas introduced to stem the tide of anti-Semitism include educating the public about the increasing incidence of hate against Jews online and on social media. Experts also mentioned investigating sources of anti-Semitism, including UN agencies.</p><p>The Simon Wiesenthal Center has agreed to continue its efforts to root out anti-Semitism, agreeing to assist the UN with this effort. For more information concerning this initiative, contact the center at <a href="mailto:pressinquiries@wiesenthal.com">pressinquiries@wiesenthal.com</a>.</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhoh9JPS7pd7jeDSQi1Q3T0PnurKfaWdf3q3ReoElAzrO_kqLFzED7PsBYzgHDPWFnRhzZAu66QRGSM7nlxQ1iGDX4qtxwfTNWhwv9PNbk9xUBGfdLoPT7Y_1dTpNcIVVVzFGA40Th9Zyer5E-gJvKaNnLMXU_kbQK_GHDdkwukIfme4ghIshoGQShKQ/s500/Aaron%20Marzwell%20author.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Aaron Marzwell" border="0" data-original-height="500" data-original-width="500" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhoh9JPS7pd7jeDSQi1Q3T0PnurKfaWdf3q3ReoElAzrO_kqLFzED7PsBYzgHDPWFnRhzZAu66QRGSM7nlxQ1iGDX4qtxwfTNWhwv9PNbk9xUBGfdLoPT7Y_1dTpNcIVVVzFGA40Th9Zyer5E-gJvKaNnLMXU_kbQK_GHDdkwukIfme4ghIshoGQShKQ/w320-h320/Aaron%20Marzwell%20author.jpg" title="Aaron Marzwell" width="320" /></a></div><br /> <p></p><div><br /></div>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-8912545420290274762022-09-06T10:48:00.003-07:002022-09-06T10:48:59.984-07:00Some Features of Co-Living Space<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEji6WcaCcUmMC0PnDiwzYzNxW1kE4WtsZVz5crW1edQgb0RupuMwycqQU9MV__QkrPFzcQAXj0la3Wnehr90Bzax7nmzNFC6yXh2QydMxdNJuDrrX5RzRTOfgtrh_aDU-NN_4mM4dPxZOWxro6DYX4A3sh4UIKREYVGwbpyB598EbhMr7_mFZWfNpyokQ/s700/aaron%20marzwell%20photo.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;" target=""><img alt="Aaron Marzwell" border="0" data-original-height="502" data-original-width="700" height="229" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEji6WcaCcUmMC0PnDiwzYzNxW1kE4WtsZVz5crW1edQgb0RupuMwycqQU9MV__QkrPFzcQAXj0la3Wnehr90Bzax7nmzNFC6yXh2QydMxdNJuDrrX5RzRTOfgtrh_aDU-NN_4mM4dPxZOWxro6DYX4A3sh4UIKREYVGwbpyB598EbhMr7_mFZWfNpyokQ/w320-h229/aaron%20marzwell%20photo.jpg" title="Aaron Marzwell" width="320" /></a></div><p></p><p>The former vice president of CIM Group, Aaron Marzwell is a landlord and real estate developer who has directed APPA Real Estate since 2013. Under Aaron Marzwell’s leadership, most of APPA's housing developments are focused on workforce housing and co-living.<br /><br />A co-living space is an apartment unit leased to more than one individual. The tenants in a co-living space will have their own individual contracts. This protects a tenant from a quit notice when another tenant fails to pay their rent. Most co-living spaces are furnished, which reduces cost, and they are leased out at comparatively lower rates compared to homes of similar standards in the area.</p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg8CLoIflusbcWKlSl9IrCwa_CGYglpdDb7l9f9BSWOapF99h4PdXY4edaPYBJfVUwYElQtGRIBR8ck-_appzZuP9bAWTbZ5FLLXoLbkKKeZ_wMa0lt_tiOKd1BJHV1mBqyBJaQ6X4UjGL1vaRqBhsWcwDYNsxS46lZ5o-5uog5GRRBJxbAl3rIjwN49Q/s640/pexels-vecislavas-popa-813692.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="co-living space" border="0" data-original-height="427" data-original-width="640" height="214" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg8CLoIflusbcWKlSl9IrCwa_CGYglpdDb7l9f9BSWOapF99h4PdXY4edaPYBJfVUwYElQtGRIBR8ck-_appzZuP9bAWTbZ5FLLXoLbkKKeZ_wMa0lt_tiOKd1BJHV1mBqyBJaQ6X4UjGL1vaRqBhsWcwDYNsxS46lZ5o-5uog5GRRBJxbAl3rIjwN49Q/w320-h214/pexels-vecislavas-popa-813692.jpg" width="320" /></a></div><br />If you rent a co-living space, you will live under the same roof as other people you may be meeting for the first time. However, you will have your own private bedroom and bathroom. A private bedroom and a bathroom are some of the things that distinguish co-living space from co-housing. Tenants in co-living spaces can prepare for work early without having to take turns in the bathroom.<br /><p></p><br />Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-37452757064500075212022-09-02T06:07:00.001-07:002022-09-02T06:07:55.136-07:00Published: Housing Needs of the Missing Middle in California<img src='https://miro.medium.com/max/1200/1*1zEswsS3-2OP-hVSlSpk3A.jpeg' style='max-width:586px;' /><br />
<div>I published <a href="https://medium.com/@aaronmarzwell/housing-needs-of-the-missing-middle-in-california-ad79ea9b4ce0?source=ifttt--------------3" rel="nofollow">“Housing Needs of the Missing Middle in California”</a> on @Medium</div>
Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-53025500639381986432022-09-02T05:43:00.006-07:002022-09-02T05:43:47.197-07:00The Key Difference between Impact Investing and ESG<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSXq6iUkyiTh0g1P7JOJaRngWvF-4Px9YkGBEpTbZSkUGqv4UsXl9P7QBNV66VGYHjeQpjjEHRsOJr33q_C3tMUioThnkmf4JyOziZB5IH-81EfiUBfK29npPCK6SoWNhDuFg8e_iQMBTTXdKng_qmkp-cfcUoGqrzg58yabyKxnFYOxYzLdFwReLt7w/s6637/pexels-karolina-grabowska-5980871.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="4425" data-original-width="6637" height="331" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSXq6iUkyiTh0g1P7JOJaRngWvF-4Px9YkGBEpTbZSkUGqv4UsXl9P7QBNV66VGYHjeQpjjEHRsOJr33q_C3tMUioThnkmf4JyOziZB5IH-81EfiUBfK29npPCK6SoWNhDuFg8e_iQMBTTXdKng_qmkp-cfcUoGqrzg58yabyKxnFYOxYzLdFwReLt7w/w497-h331/pexels-karolina-grabowska-5980871.jpg" width="497" /></a></div><br /> Aaron Marzwell is a real estate executive and developer who founded APPA Real Estate in 2013 and has since served as its CEO. Under his guidance, APPA Real Estate creates workforce housing at affordable rates for individuals in various communities. Throughout his career, Aaron Marzwell has gained experience in several real estate-related fields, including co-living and impact investing.<p></p><p><br /></p><p>Impact investing aims to deliver or drive positive change that benefits the community. Impact investors are individuals who are interested in exploring opportunities that can better the lives of people living in surrounding communities and attenuate the negative impact of technology on the environment. These opportunities typically concern education, health, and climate. For example, an impact investing endeavor may include building an investment portfolio that invests in companies that build or use green energy solutions to minimize air pollution and carbon footprint.</p><p><br /></p><p>While the prime aim of impact investing is to drive positive social change, the commercial solutions generated in that endeavor often result in above-market-rate returns for investors in the long run. Research shows that 88 percent of impact investors have historically reported returns that exceeded their expectations.</p><p><br /></p><p>Environmental, social, and governance (ESG) shares similarities with impact investing in some areas. However, ESG investing is not the same thing as impact investing in terms of goals. It involves corporate strategies to pursue sustainability by minimizing pollution, enhancing relevancy, and building trust with stakeholders.</p><p><br /></p><p>ESG investors invest their money in businesses that pivot operations around environmental goals (such as reduction of waste output), social impacts (such as building a healthy workplace culture by promoting diversity), and also cement an effective governance foundation (such as enhancement of business ethics and shareholder transparency). The environmental goals in ESG should not be confused with impact investing since the goal is to show responsibility from which a material financial effect (such as customer retention) may be elicited.</p><div><br /></div>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-9870267787560376822022-08-26T12:03:00.004-07:002022-08-26T12:03:59.208-07:00Published: How School Factors in Residential Real Estate Investing<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhFZ05Kiu4Z8iH86TesIZJRwgxautqv1_Ahxbld6CkGr9qDWTDOzL9UN8ehIm9kim9piwMehsWmPphc8POviQhs0LUmG7Ug56nV1EMbIH7Cbg6BTrJ31m_2LL4ywE_GtvoSTG_SlINMNnjtSxXsw0aG5XDMHLoNqCJwMbIPo0jS1LNWh2eDh2AOlH1l5A/s700/Aaron_Marzwell.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="474" data-original-width="700" height="271" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhFZ05Kiu4Z8iH86TesIZJRwgxautqv1_Ahxbld6CkGr9qDWTDOzL9UN8ehIm9kim9piwMehsWmPphc8POviQhs0LUmG7Ug56nV1EMbIH7Cbg6BTrJ31m_2LL4ywE_GtvoSTG_SlINMNnjtSxXsw0aG5XDMHLoNqCJwMbIPo0jS1LNWh2eDh2AOlH1l5A/w400-h271/Aaron_Marzwell.jpg" width="400" /></a></div>I published “<a href="https://aaronmarzwell.medium.com/how-school-factors-in-residential-real-estate-investing-9a9214d2e47c" rel="nofollow" target="_blank">How School Factors in Residential Real Estate Investing</a>” on @Medium<p></p>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-27427016362260185102022-08-18T09:16:00.004-07:002022-08-18T09:16:39.787-07:00Can Impact Investing Surpass Philanthropy in Terms of Merit?<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjGubmBXloEi14-OYBuu8S9XoWH9tKgOekpy0DP2qUNLCrWeJ6ecGjNb06dxzLAa0zINskU9T247r3qZRgbife0j43TJcxT-8eHlpoW5NV7G_KTOEkqjSVzQLXJkJXV-P7H1vqkTWmQIArDjn40DXL_Zqv1sMmndF7vjcte7iucwBy5oWDZYeKTsBYE0g/s6556/pexels-rodnae-productions-6646946.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="4371" data-original-width="6556" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjGubmBXloEi14-OYBuu8S9XoWH9tKgOekpy0DP2qUNLCrWeJ6ecGjNb06dxzLAa0zINskU9T247r3qZRgbife0j43TJcxT-8eHlpoW5NV7G_KTOEkqjSVzQLXJkJXV-P7H1vqkTWmQIArDjn40DXL_Zqv1sMmndF7vjcte7iucwBy5oWDZYeKTsBYE0g/s320/pexels-rodnae-productions-6646946.jpg" width="320" /></a></div><br /> The co-founder and CEO of APPA Real Estate, Aaron Marzwell, is a distinguished real estate developer in Los Angeles, California, who focuses on providing housing at affordable rates. Aaron Marzwell is also well-versed in various real estate fields, including workforce housing and impact investment.<p></p><p>Impact investing combines the traditional concept of investing with the principles of philanthropy, resulting in a sustainable and profitable investment portfolio that contributes to social and environmental benefits. Impact investment draws on a synergistic effect. Compared to either of the integral parts, impact investing boasts unmatched prospects. The sum of the impact of the integral parts does not fully equate to the synergistic effect of impact investing.</p><p>The federal government and other entities endeavor to drive positive impact through pension funds and other strategies. Philanthropic contributions from private entities amass $390 billion, according to Rockpa.org. However, the US capital market encompasses over $60 trillion.</p><p>This unpredictable size of the capital market compared to philanthropic donations from entities shows how constrained philanthropy is as an endeavor to drive change. Rather than merely donating to charitable endeavors, entities can push the envelope further by creating impact investing pipelines, which are investment assets that drive positive social and environmental impacts. Assuming one percent of the US capital market is devoted to impact investing, this translates into over $600 billion worth of assets actively committed to driving change, which is significantly higher than philanthropic input.</p><div><br /></div>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-48027403381128878392022-08-02T04:39:00.004-07:002022-08-02T04:39:17.987-07:00A Look at Green Real Estate Strategy and APPA Real Estate’s Approach<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjuPyx182EcX_0_JoPPo8tiAISqiIqbiWKoERXoOa1BrclPMltzBSPUx3siXT6BelIJA_Xx31T66nuFTzbcyaVt6ALLOi6ujgQvp68FVZG7yZKAcv_wItjqx7UZpwv68m6sYnVQD_bYBKrQFgGz78rhPr17gZeRAxnX2teS3iaFiWTOcXFAcYdShOIetQ/s7360/pexels-max-vakhtbovych-7031607.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="4912" data-original-width="7360" height="214" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjuPyx182EcX_0_JoPPo8tiAISqiIqbiWKoERXoOa1BrclPMltzBSPUx3siXT6BelIJA_Xx31T66nuFTzbcyaVt6ALLOi6ujgQvp68FVZG7yZKAcv_wItjqx7UZpwv68m6sYnVQD_bYBKrQFgGz78rhPr17gZeRAxnX2teS3iaFiWTOcXFAcYdShOIetQ/s320/pexels-max-vakhtbovych-7031607.jpg" width="320" /></a></div><br /> An alumnus of Columbia University with a graduate degree in real estate development, Aaron Marzwell serves as the CEO of the Los Angeles, California-based real estate investment and development company APPA Real Estate. Under Aaron Marzwell’s leadership, APPA engages in real estate impact investing through strategies such as green real estate.<p></p><p><br /></p><p>Green real estate and other real estate-centric strategies within impact investing focus on generating returns from real estate assets with the potential for substantial social and environmental impacts. In green real estate, investors integrate principles of environmental sustainability into their real estate projects.</p><p><br /></p><p>At APPA Real Estate, investors achieve this by various means. Such measures include using locally-sourced building materials, forbidding construction teams from using single-use plastics, and improving water and energy efficiency, as well as recycling materials across all project-development phases to reduce waste. The company also provides its construction sites with bottle fillers. This practice encourages plastic reuse among workers while fostering an environmentally-conscious mentality.</p><div><br /></div>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-44960162799647451042022-07-14T06:25:00.002-07:002022-07-14T06:25:23.832-07:00The Driving Factors of Real Property Foreclosures and Distressed Sales<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiKmdzpYfRxotKkolqNH1Br79QjNFXWYvmdnAQvx_3OO6UU8wZbwGDXRfrkIhNJX6TqmC7yyMtfZSV8Ne3bSYKn3Wz9gJGSFg12NGjAmRWwGgPvI4EJKa_BpOpAyYrHzfMwwLXKrIHjORXtCt8RiqUEl7EI05b2szkzrhhMINkuCglEdX4_z6AB_G9_Jw/s4500/pexels-rodnae-productions-8293778.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="3000" data-original-width="4500" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiKmdzpYfRxotKkolqNH1Br79QjNFXWYvmdnAQvx_3OO6UU8wZbwGDXRfrkIhNJX6TqmC7yyMtfZSV8Ne3bSYKn3Wz9gJGSFg12NGjAmRWwGgPvI4EJKa_BpOpAyYrHzfMwwLXKrIHjORXtCt8RiqUEl7EI05b2szkzrhhMINkuCglEdX4_z6AB_G9_Jw/s320/pexels-rodnae-productions-8293778.jpg" width="320" /></a></div><br /> A respected presence in the Los Angeles real estate community, Aaron Marzwell is a seasoned real estate developer and investor. He has served as the CEO of APPA Real Estate since the firm’s inception in 2013. Aaron Marzwell is a professional at identifying and negotiating properties, as well as restructuring distressed assets.<p></p><p><br /></p><p>In the United States, distressed real estate property sales and foreclosures are nationwide phenomena. More property owners are finding it difficult to maintain their properties financially, and more tenants are facing difficulties with regard to fulfilling their end of the agreement as per mortgage agreements. While it appears to be plausible to attribute the trends to high housing costs, the cost of a house is only one of many factors that can make it expensive to live in for the tenant or owner.</p><p><br /></p><p>Who would have thought that a first in a generation pandemic would actually be a good thing for housing values? While the economy is facing new challenges including major supply chain issues you start to realize that there has been a massive amount of money injected into the economy. Also, in many high-cost metro areas you still have money flowing in from investors and in parts of California you still have foreign money coming in, largely from Asia buying homes with no contingency requirements and fast close promises. So no surprise that even for a professional working couple buying a home right now with limited inventory is problematic. However, much of this is because of a stunted housing market with inventory. As a new report highlights, inventory is set to increase by 15% over the next few months because of people exiting forbearance periods.</p><p><br /></p><p>There will be more housing inventory hitting the market soon. As home prices are up and most are no longer in negative equity situations, some will decide to sell into this hot market. Obviously not paying your mortgage for 12, 14, 16, or even 18 months is a nice bonus that party is coming to an end. This research found that most are not going to bring their mortgage current. Assume someone took a forbearance and their monthly mortgage cost was $2,000 per month, some may be behind by up to $36,000 when the forbearance period ends. Okay, well what if you can’t make it current? You can defer the payments to the end of the mortgage but you still owe that and many got used to not even paying the regular monthly payment. So a sizable portion will be selling. That selloff along with interest rates increase will create a great opportunity for savvy investors.</p><p><br /></p><p>APPA is actively tracking these trends and looking to take advantage of this opportunity. Go to www.apparealestate.com if you would like to learn more.</p><div><br /></div>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-30073204628565924952022-06-01T21:08:00.007-07:002022-06-01T21:08:51.985-07:00APPA's Impact Investing Approach<div style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijpkzgVVxOgkg4JKcsVflRi-DdFIfOWFQnv4IGEz_R3G0BKOx2mEZVLBGA2pGcfw4dwQlqY8TwSk1roBmneFk_Z6qpDTMh_Lb0byo27yHUhE8EViULHx40F9b-4rdbXcgdImfPOf_WOfp7HTwD7HPmLEjc-LEXkljnhBogpBJLoXJ_3G8w8a1c9bgslA/s5760/plant-growing-from-coins-glass-jar-blurred-nature.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="3840" data-original-width="5760" height="287" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijpkzgVVxOgkg4JKcsVflRi-DdFIfOWFQnv4IGEz_R3G0BKOx2mEZVLBGA2pGcfw4dwQlqY8TwSk1roBmneFk_Z6qpDTMh_Lb0byo27yHUhE8EViULHx40F9b-4rdbXcgdImfPOf_WOfp7HTwD7HPmLEjc-LEXkljnhBogpBJLoXJ_3G8w8a1c9bgslA/w463-h287/plant-growing-from-coins-glass-jar-blurred-nature.jpg" width="463" /></a></div><br /><div style="text-align: justify;">An experienced real estate developer in Los Angeles, California, <b><a href="https://www.crunchbase.com/person/aaron-marzwell-45f1" target="_blank">Aaron Marzwell’s</a></b> real estate career began in student housing and single family real estate around the U.S. From there he worked with on some notable project that include the entitlements for the High Line Park in New York City and the Fulton Street Transit Center. We was a member of the LMCC, which was a public private partnership tasked with coordinate the operating and rebuilding of lower Manhattan after 9/11. In 2007, he joined CIM Group as an associate before advancing to the role of vice president of investment and development. Aaron Marzwell currently serves as the CEO of APPA Real Estate and has experience in various real estate fields, including workforce housing and impact investment.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">An accredited B corporation, APPA Real Estate is a US-based <b><a href="https://en.wikipedia.org/wiki/Investment" target="_blank">investment</a></b> firm that funds sustainable real estate projects. APPA is utterly dedicated to impact investing - a form of investment where funds are allotted to the development of facilities that will benefit the public while also generating returns for investors. APPA focuses on promoting affordable housing and environmental sustainability. To that extent, it has partnered with a diverse network of impact investors (not limited to individuals, pension funds, and institutional advisors) to initiate and manage multiple projects geared toward these goals.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">APPA devotes the vast majority of its housing projects to workforce housing and co-living. The firm focuses on workforce housing as a means to support more affordable housing for essential workers like police, teachers, and healthcare workers in various communities. Workforce housing is designed to be affordable for young, employed individuals. APPA saw the sparseness of workforce housing in its primary market and has stepped in to complement the federal and state efforts in this regard.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Co-living apartments share similar objectives with workforce housing in terms of affordability. The difference, however, is that co-living apartments are designed for multiple tenants. Each tenant has their own personal rooms and bathrooms but shares common areas with other tenants. Co-living apartments typically come furnished and are suitable for students, newly-relocated individuals, corporate travelers, and digital nomads.</div>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-26689033903976780042022-05-19T22:56:00.002-07:002022-05-19T22:56:25.924-07:00APPA Green Real Estate Development<div style="text-align: justify;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEiedTqL1K6tC30etZB7_PEpBNx2igiiAkKCVyuycenjrgjCbYa-0aBWjogVS2A6eGAtjkmWgjqE0STbXqe3CaRfbF3zJF8llXZfHu8cxBeiRjmTR3dbyNpbYaJ4bUksak4iTlViAgPWNrVSzin_vPscbVsoTkB5ISdbCFzAQE_Hg0S4tdoOgN1suwV-9w" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="328" data-original-width="525" height="200" src="https://blogger.googleusercontent.com/img/a/AVvXsEiedTqL1K6tC30etZB7_PEpBNx2igiiAkKCVyuycenjrgjCbYa-0aBWjogVS2A6eGAtjkmWgjqE0STbXqe3CaRfbF3zJF8llXZfHu8cxBeiRjmTR3dbyNpbYaJ4bUksak4iTlViAgPWNrVSzin_vPscbVsoTkB5ISdbCFzAQE_Hg0S4tdoOgN1suwV-9w" width="320" /></a></div><br /><br /></div><div style="text-align: justify;">A distinguished real estate executive, investor, and developer, <b><a href="https://www.aboutaaronmarzwell.com/" target="_blank">Aaron Marzwell</a></b> has served as the CEO of APPA Real Estate in Los Angeles, California, for nearly a decade, overseeing all aspects of the firm’s project development. APPA also undertakes real estate impact investing under the guidance of Aaron Marzwell, intending to make a return on investment while simultaneously having a beneficial environmental and social effect through various approaches, such as green real estate.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">A certified B corporation, <b><a href="https://apparealestate.com/" target="_blank">APPA Real Estate</a></b> is committed to fostering the development of affordable housing and a sustainable environment while providing concurrent returns to its accredited impact investors. One of the key investment endeavors of the firm is the development of green real estate.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">By promoting green real estate development, APPA steps in to mitigate detrimental processes and activities concerning the environment. By definition, green real estate strategies are approaches designed to preserve the sustainability of the environment. An environment is sustainable when resources are integrated into a clever loop of usage and recycling to ensure the long-lasting availability of those resources.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">APPA's approach to green real estate development is meticulous. The firm upholds practices that align with this goal from the very beginning of each project. APPA boasts innovative architecture that relies on locally-sourced materials and also improves energy and water efficiency. The firm is also fastidious about waste generation and management in every project. APPA's projects minimize waste output by avoiding raw materials that can't be recycled and recycling every scrap generated in each project's development stage.</div>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-89254968381343300012022-05-02T21:14:00.001-07:002022-05-02T21:14:47.941-07:00Increasing Priority in Urban Areas<div style="text-align: justify;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjN0L4trntdB_Fr0JsgYxciU2s3J11FRNjzXv9NsE4K60vgaQdOGM0xi0CvEuC9YFbhpLSZNMG3WkGb5zYJVAVBfx4UgFzNcjZsqRLrbrFD_PVbwRP4lfdUuZweW4g_0rfzFAC-cpQ6qiQzk4UHNYNr6_g1nzXLuxYwDOEsvEypAozOGVVcNBtWVz9auQ/s5163/modern-business-area-twilight-bangkok-thailand.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="3442" data-original-width="5163" height="375" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjN0L4trntdB_Fr0JsgYxciU2s3J11FRNjzXv9NsE4K60vgaQdOGM0xi0CvEuC9YFbhpLSZNMG3WkGb5zYJVAVBfx4UgFzNcjZsqRLrbrFD_PVbwRP4lfdUuZweW4g_0rfzFAC-cpQ6qiQzk4UHNYNr6_g1nzXLuxYwDOEsvEypAozOGVVcNBtWVz9auQ/w541-h375/modern-business-area-twilight-bangkok-thailand.jpg" width="541" /></a></div><br /></div><div style="text-align: justify;">The chief executive officer of APPA Real Estate, <b><a href="https://www.cakeresume.com/aaron-marzwell" target="_blank">Aaron Marzwell</a></b> helps investors generate passive income through multi-family and development investments. Developer Aaron Marzwell maintains a particular interest in creating affordable workforce housing.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">In <b><a href="https://en.wikipedia.org/wiki/Urban_area" target="_blank">urban areas</a></b>, housing can be financially out of reach for moderate to middle-income workers, making long commutes necessary. Workforce housing generally refers to affordable housing for households that earn between 60 percent and 120 percent of the area’s median income. Additionally, workforce housing should cost no more than 30 percent to 40 percent of an individual’s income.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">In 2021 the Los Angeles City Council approved an eight-year plan for housing development that will allow for the construction of nearly half a million new housing units by 2029. Along with new construction, remedies for the workforce housing problem include government financing programs such as tax credits, mortgage revenue bonds, and local financial assistance programs. Additionally, regular changes such as zoning and building code changes can increase the supply of housing to accommodate city workers whose income exceeds affordable housing thresholds.</div>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-45492320403539581812022-04-20T21:23:00.001-07:002022-04-20T21:23:06.188-07:00Requirements for Certified B Corporation<div style="text-align: justify;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEghQOcr5k_JWAHsnEV8TpB0NeELSzOpaXEz44x2y805CfIpgKOzWjW8VFsmJtihtpVgUNWwjhSCTOIcO_e6swOOy5AGz0j0K78C961uiR21UCnLGZDW_xwlF2XSzUJw5wRtF5Na8BrVe59w7dAaVHYZlClQxMZYiMpcxEi_nq2DrUSgFBRPDw8dwWSppw" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="664" data-original-width="996" height="213" src="https://blogger.googleusercontent.com/img/a/AVvXsEghQOcr5k_JWAHsnEV8TpB0NeELSzOpaXEz44x2y805CfIpgKOzWjW8VFsmJtihtpVgUNWwjhSCTOIcO_e6swOOy5AGz0j0K78C961uiR21UCnLGZDW_xwlF2XSzUJw5wRtF5Na8BrVe59w7dAaVHYZlClQxMZYiMpcxEi_nq2DrUSgFBRPDw8dwWSppw" width="320" /></a></div><br /></div><div style="text-align: justify;">The former vice president of CIM Group in Los Angeles, real estate developer <b><a href="https://about.me/aaronmarzwell" target="_blank">Aaron Marzwell</a></b> has led APPA Real Estate as a chief executive officer since 2013. Under Aaron Marzwell’s leadership, APPA Real Estate received designation as a Certified B Corporation.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Certified by the nonprofit B Lab network, a <b><a href="https://en.wikipedia.org/wiki/B_Corporation_(certification)" target="_blank">B Corporation</a></b> has demonstrated a commitment to high standards in materials, supply chain practices, employee benefits, charitable giving, and more. First, the company must earn a score of 80 or above on a B Impact Assessment, which evaluates environmental and social performance. The company must alter its governance structure to ensure its accountability to stakeholders and shareholders.</div><div style="text-align: justify;"><br /></div><div style="text-align: justify;">Further, a B Corporation must consent to its performance information being included on the B Lab nonprofit’s website, where the public can evaluate it against B Lab standards. To achieve B Corp status, companies undergo a rigorous application and evaluation process that considers teams and departments across the company. B Lab evaluates work processes, structure, and operations to ensure a company’s commitment to people and the planet. To ensure ongoing adherence to these principles, B Corps must undergo recertification every three years.</div>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-91043419862474266892021-11-03T00:41:00.001-07:002021-11-03T00:41:44.445-07:00Wiesenthal’s MOT Provides Resources for Teaching Tolerance<img src='https://t3.ftcdn.net/jpg/03/36/83/12/240_F_336831247_TtFLohU5Sxlep53sDzGpmkDztwk1zTCJ.jpg' style='max-width:586px;' /><br />
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Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-62609636733912990072021-10-25T21:41:00.001-07:002021-10-25T21:41:53.826-07:00Opportunity Zones Support Affordable Housing in Los Angeles Market<img src='https://aaronmarzwell.files.wordpress.com/2021/10/affordable-housing.jpg?w=1024' style='max-width:586px;' /><br />
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Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0tag:blogger.com,1999:blog-5503200110238683649.post-88857445660905342412021-09-08T23:01:00.003-07:002021-09-08T23:02:13.810-07:00Categories of Corporations - B<p style="text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjAClMCaZR1p6v11lsUjDuFrmFAkQs3ZS6sPDpcUHXLFI9OifKLSiRrS8EQyvRM3Qoffh44n7OR8jcynHGXZQLd4mVWYerh31BVHqFvLenDqsQjbwiZ56uBpYrCaTUy_FCgI9-2yJouKLDm/s2048/business+structure.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1366" data-original-width="2048" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjAClMCaZR1p6v11lsUjDuFrmFAkQs3ZS6sPDpcUHXLFI9OifKLSiRrS8EQyvRM3Qoffh44n7OR8jcynHGXZQLd4mVWYerh31BVHqFvLenDqsQjbwiZ56uBpYrCaTUy_FCgI9-2yJouKLDm/s320/business+structure.jpg" width="320" /></a></div><span style="background-color: white; color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><p style="text-align: justify;">A corporation is a <b style="background-color: transparent;"><a href="https://en.wikipedia.org/wiki/Business" target="_blank">business</a></b> structure that can be divided into five categories: C corporation, S corporation, nonprofit corporation, close corporation, and B corporation. Typically, C corps are simply referred to as corporations; this type of legal entity can profit, be taxed, and be held legally liable. Although the cost of forming a C corporation is higher than that of creating other structures, this type of entity has a completely independent life. Therefore, it offers the most robust protection to its owners in terms of personal liability.</p></span><p></p><span style="background-color: white; color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><div style="text-align: justify;">On the other hand, an S corporation is designed to avoid the double taxation that is typical of C corps. Owners may have some profits and losses passed through their personal income to avoid their S corp being subject to corporate tax rates. In addition, unlike C corporations, S corps may not have over 100 shareholders, all of whom must be US citizens.</div></span><div style="text-align: justify;"><span style="color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><br /></span></div><span style="background-color: white; color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><div style="text-align: justify;">As the name suggests, a nonprofit corporation focuses on doing charity, religious, education, literary, or scientific work. Nonprofit corporations, often called 501(c)(3) corporations, benefit the public. For this reason, they may receive tax-exempt status and pay no state or federal income taxes on profits. However, nonprofits must follow very specific rules regarding what they do with any profits they earn; for instance, they may not be used for political campaigns or shared among members.</div></span><div style="text-align: justify;"><span style="color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><br /></span></div><span style="background-color: white; color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><div style="text-align: justify;">Close corporations have a less traditional corporate structure, but they resemble B corps in terms of purpose and mission. B corps, another name for benefit corporations, are for-profit corporations that are taxed like C corps but differ in purpose, transparency, and accountability.</div></span><div style="text-align: justify;"><span style="color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><br /></span></div><span style="background-color: white; color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><div style="text-align: justify;">A benefit corporation is driven by both profit and mission, and it is a category recognized in most of the US states. Shareholders of a B corp aim to create a public benefit while making a profit, and they hold themselves accountable for that. Therefore, to qualify as a benefit corporation, the company must include a statement of one or more public benefit purposes in its formation documents. Some possible goals are to be environmentally sustainable, serve low-income communities, share profits with charities, or advance public education.</div></span><div style="text-align: justify;"><span style="color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><br /></span></div><span style="background-color: white; color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><div style="text-align: justify;">One way that B corps share accountability with the government is through the annual benefits report, a document that some states require. There are several advantages to starting a B corp, for both the owners and the community. Most notably, B corporations encourage social and environmental responsibility, and modern customers view sustainability favorably.</div></span><div style="text-align: justify;"><span style="color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><br /></span></div><span style="background-color: white; color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><div style="text-align: justify;">It is possible to convert a for-profit corporation, or C corporation, into a benefit corporation as long as the state recognizes this category. Typically, the owners and board of directors will have to approve this decision. For the conversion, it is necessary to file amended articles of incorporation and pay a fee.</div></span><div style="text-align: justify;"><span style="color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><br /></span></div><span style="background-color: white; color: #404040; font-family: "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 13px;"><div style="text-align: justify;">Although there are no additional legal requirements for creating a benefit corporation, there are a number of third-party certification services for B corps interested in demonstrating commitment and pursuing additional value for their business. For example, B Lab is the governing body for B Corporation certification. Certification is primarily based on a corporation’s performance on the B Impact Assessment, which evaluates how the company interacts with its customers, workers, community, and environment.</div></span>Aaron Marzwellhttp://www.blogger.com/profile/15158215862593027440noreply@blogger.com0