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Mills Act Tax Savings for Downtown LA Lofts

What is the Mills Act Program? Q: What is the Mills Act Program? A: Economic incentives foster the preservation of residential neighborhoods and the revitalization of downtown commercial districts. The Mills Act is the single most important economic incentive program in California for the restoration and preservation of qualified historic buildings by private property owners. …

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Lower Interest Rates Open Up Loft Market By Making Your Loan Dollars Go Farther

The Douglas Building is a spectacular presence on the corner of Third and Spring Streets in this historic Downtown neighborhood. The Douglas Building is the legacy of T.D. Stimson, (1827 – 1898) a lumber baron turned real estate mogul who fostered commercial development in Los Angeles during the 1890s. As one of the few remaining …

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