Press

California Reforms Clear the Way for More Affordable Homes—and Lavish Pool Houses

CEO Trent Klatte on SB 1211 and AB 1033, the state laws reshaping ADU development for multifamily owners, and why ADUs now account for about half of West End’s work across Los Angeles. Reported by Rebecca Bratburd.

“It is essentially allowing them to double their density.”

Trent Klatte, CEO · Mansion Global

Rising material costs hit homebuilders, particularly small ones

CEO Trent Klatte on how independent builders can blunt rising material costs by building strong supplier relationships and securing pricing in advance. The Real Deal picked up his comments from Realtor.com’s reporting on the NAHB survey.

Homebuilders See Material Costs Jump 6.7% in a Year, Squeezing Profit Margins

CEO Trent Klatte on how costs have moved since 2020, the added strain Los Angeles wildfire rebuilding has put on materials and labor, and why West End turns down work rather than cutting margins to win it. Reported by Anna D’Amico.

“There’s still a disconnect between what clients expect construction to cost and what it actually costs today.”

Trent Klatte, CEO · Realtor.com

Luxury home remodels on the rise as owners avoid ULA tax

CEO Trent Klatte on how the ULA transfer tax is changing the math on multifamily value-add, and why some owners are adding fewer ADUs than state law allows to stay under the $5 million threshold. Reported by Kennedy Zak.

“It’s actually a detriment to them to add more density.”

Trent Klatte, CEO · The Real Deal