Call for Facilitators: Help Shape the Future Workforce with VIA
The Valley Industry Association (VIA) is calling on local business leaders to step forward and make a lasting impact.
The 2026 Connecting to Success Program is more than a volunteer opportunity, it’s a chance to directly influence the next generation of talent. This fall, over 1,500 students from the William S. Hart Union High School District will participate in this dynamic career-readiness program, and VIA needs experienced professionals to help bring it to life. As a facilitator, you will lead interactive sessions that help students build essential skills for the workplace. You’ll work alongside fellow professionals to guide groups of 50–100 students through engaging, practical content designed to strengthen confidence and capability.
Program Dates (choose one):
Friday, October 2
Friday, October 23
Friday, November 13
Facilitation Topics:
• Navigating Communication and Decision-Making Skills
• Money Smarts
No need to do it alone, facilitators work in teams, creating a collaborative and supportive environment for both volunteers and students.
This is your opportunity to share your experience, inspire young minds, and contribute to building a stronger, more prepared local workforce.
Training sessions will be held in August and September to ensure you feel confident and prepared.
Ready to get involved?
Register today at: https://www.via.org/volunteeropportunities/ Or contact the VIA Office at (661) 294-8088 for more information.
Step up.
Share your expertise. Make a difference.
UPCOMING EVENTS
Thursday, June 25, 5:30 PM, Cocktails & Conversation w/ Pilar Schiavo at Egg Plantation
Tuesday, June 30, 11:45 AM, VIA Luncheon Cyber Crime/Security at Child & Family
Thursday, August 20, 5:30 PM, VIA After Five Hosted by Young & Chic, LLP at 25152 Springfield Court, #345
Thursday, August 27, 8:30 AM, VIA CEO Forum Child & Family Center
Tuesday, September 15, 11:45 AM, VIA Luncheon Update from Fivepoint (Location TBD)
Thursday, September 24, 5:30 PM, VIA After Five Hosted by Valencia Town Center at Salt Creek
Thursday, October 15, 5:30 PM VIA After Five Hosted by New York Life at 25124 Springfield Ct, #170
Tuesday, October 20, 11:45 AM, VIA Luncheon Update: City of Santa Clarita, 11:45 a.m. (Location TBD)
Friday, November 6, 6:00 PM VIA BASH Boots & Bowties at the Hyatt Regency Valencia
C3 Talent Source, LLC
Courtney Cordova, Founder courtneycordova@live.com (765) 667-3896 www.c3talentsource.com
The Group SoCal
Jeff Eisenberg, President admin@thegroupsocal.com (661) 904-5989 www.thegroupsocal.com
Northridge Hospital Foundation Laura Kirchoff, Manager Laura.kirchoff@commonspirit.org (818) 885-5341 ext.3 www.supportnorthridge.org
ou might know that the chances of getting skin cancer increase as you get older and that you can lower your risk by wearing sunscreen and preventing ultraviolet light (UV) skin damage. But if you’re an older adult who didn’t use much sunscreen when you were younger, you might wonder: Is it too late to start now?
The answer is the same at every age: The best time to step up your sun safety is right now. And that message may be especially urgent for older adults.
SKIN DAMAGE IS CUMULATIVE
Skin damage — which can lead to skin cancer — adds up over your lifetime. That means that your risk right now depends, in part, on how often you’ve been exposed to UV light or had sunburns in the past. That’s one reason why your chance of getting skin cancer is generally higher than a younger adult’s, the Skin Cancer Foundation notes.
But it’s also true that your sun exposure is still adding up — and you can still help limit it. According to the foundation, people are exposed to more UV rays after age 40 than before. And while you can’t change the past, you can still affect your future.
That’s important, because getting older doesn’t just mean more years of sun exposure. Aging itself can make your skin more prone to sun damage.
AGING SKIN IS AT ADDED RISK
As we age, our skin becomes thinner, which allows more UV light to reach its deeper layers, the foundation notes. Aging also can reduce your body’s natural defenses and the skin’s ability to heal from UV damage.
At the same time, many people have more time for outdoor activities during their retirement years. As a result, they accumulate even more sun exposure.
Many older adults may take medications to treat or prevent health problems. Some medicines can make skin more sensitive to UV light, which can also increase a person’s skin cancer risk.
KEEP AN EYE ON YOUR SKIN
Finding precancerous growths or skin cancer early can give you more treatment options and
better outcomes. You might consider checking your skin once a month — if you know what’s normal for you, it’s easier to recognize when something changes.
Skin cancer — and precancerous growths, like actinic keratosis — might not look how you think. It’s important to look for any skin changes, such as:
A new or changing growth, spot or lump.
A rough-feeling patch of skin.
An area of your skin that becomes crusty or red or bleeds or itches.
A mole with uneven edges.
Changes in an existing mole, such as a mole that’s becoming a different size, shape or color.
If you spot something unusual or that concerns you, let your doctor know as soon as possible.
AI: Friend, Enemy … or Frenemy?
BY KEN KELLER SCVBJ Contributing Writer
For many small and midsize CEOs and business owners, artificial intelligence (AI) feels like that new hire you’re not quite sure you trust.
You’ve heard it’s powerful. You’ve seen what it can do. But you’re also wondering: Will this help my business? Or create risks I don’t fully understand?
The honest answer is that AI is neither a clear friend nor a clear enemy. For most organizations, it’s a frenemy — a powerful tool that can drive growth when managed and create problems when it’s not.
At its core, AI is software that analyzes information, recognizes patterns and generates outputs. Tools like ChatGPT and Microsoft Copilot make this accessible to businesses of every size — no data science team required.
So where is AI clearly a friend?
For many companies, it’s a productivity multiplier. A sales team can use AI to draft customized outreach emails in seconds instead of starting from scratch. Customer service teams can create response templates that cut resolution times in half. A small marketing team can generate blog outlines, social media posts and campaign ideas in minutes rather than hours.
One business owner I spoke with uses AI to summarize Zoom meetings and automatically creates follow-up action lists which can save at least an hour per day.
“ Think of AI as an assistant, not a replacement — one that works fast but still needs direction and oversight.”
In the end, AI won’t replace strong leadership, sound judgment, or trusted relationships. But it will improve how effectively your team operates.
Another uses it to analyze monthly financials and highlight trends that might otherwise be missed.
But AI also has an enemy side if left unmanaged.
Accuracy is a real issue. AI can produce confident-sounding answers that are incomplete or wrong. Imagine a team member using AI to draft a client proposal with incorrect pricing assumptions; that’s not just inefficient, it’s costly.
There are also data risks. If an employee pastes sensitive financial data, legal documents, or client information into a public AI tool, that information may no longer be private.
And then there are brand and consistency risks. Without clear guidelines, AI-generated content can sound generic, or worse, inconsistent with your company’s voice and standards.
This is why, for most organizations, AI is a frenemy.
The key is not avoidance; it’s management.
Smart leaders are putting simple guardrails in place:
You approve a mortgage in minutes, your medical claim is processed without a phone call and an order that left the warehouse this morning lands at your door by dinner. These moments define the rhythm of an economy powered by intelligent cloud infrastructure.
Once seen as remote storage, the cloud has become the operational core where data, AI models and autonomous systems converge to make business faster, safer and more human. In this new reality, the smartest companies aren’t looking up to the cloud; they’re operating within it.
Public cloud spending is projected to reach $723 billion in 2025, according to Gartner research, reflecting a 21% increase year over year. At the same time, 90% of organizations are expected to adopt hybrid cloud by 2027. As cloud becomes the universal infrastructure for
Once seen as remote storage, the cloud has become the operational core where data, AI models and autonomous systems converge to make business faster, safer and more human.
enterprise operations, the systems being built today aren’t just hosted in the cloud, they’re learning from it and adapting to it.
Any cloud strategy that doesn’t account
for AI workloads as native risks falling behind, holding the business back from delivering the experiences consumers rely on every day.
Honoring SCV’s ‘Power Brokers of 2025’ in Commercial Real Estate
BY ONDRÉ SELTZER PRESIDENT & CEO OF THE SANTA CLARITA VALLEY ECONOMIC DEVELOPMENT CORPORATION
The Santa Clarita Valley Economic Development Corporation (SCVEDC) works to attract, retain, and expand companies that bring high-quality jobs and long-term investment to the region. That work depends on strong partnerships, including the commercial real estate professionals who help businesses find the right space to grow.
Each year, SCVEDC recognizes the top commercial real estate brokers active in the Santa Clarita Valley through its annual Power Broker program. The Power Brokers of 2025 represent 23 brokers across 7 commercial real estate companies, both local and regional, who completed transactions in the SCV. Together, this year’s top brokers completed 375 deals totaling more than 4 million square feet across industrial, office, retail, land, and other activity.
SCVEDC is also proud to recognize Boston Scientific as its 2025 Transaction of the Year. The company’s continued investment in the Santa Clarita Valley supports the retention of approximately 650 high-quality life science and medical technology jobs. Boston Scientific’s planned transition from its long-time location in the Southern California Innovation Park to the Entertainment Drive building, originally developed as Scorpion’s headquarters, represents a major business retention win for the region. Scorpion also continues to maintain a strong presence in the SCV business community, making this story a broader reminder that the Valley remains a place where innovative companies can adapt, grow, and stay connected to the region.
The transaction also demonstrates why the broker and economic development partnership matters. Real estate decisions are rarely just about square footage. They are about business continuity, workforce retention, cost, timing, permitting, and the confidence companies need to invest in a community. By working alongside brokers, property owners, local government, and regional partners, SCVEDC helps companies evaluate those factors and move
projects forward with clarity.
Congratulations to the 2025 Power Brokers. Your expertise and relationships help companies grow, create high-quality jobs, and strengthen the Santa Clarita Valley’s longterm economic competitiveness. The SCVEDC
team is proud to partner with you in our shared mission.
To see the full list of our 2025 Power Brokers, look for our ad on the back cover of this issue, visit our website’s blog at www.scvedc. org/blog, or follow us on social media.
SCV Chamber Recognized Statewide for Advocacy Leadership and Business Impact
At the SCV Chamber, advocacy is more than attending meetings or tracking legislation. It is about ensuring the businesses, employers, entrepreneurs, and industries that drive the Santa Clarita Valley economy have a strong and respected voice at every level of government.
That work was recently recognized statewide as the SCV Chamber was named a recipient of the prestigious 2026 President’s Circle Award by the California Chamber of Commerce, honoring outstanding leadership in business advocacy, policy engagement, and legislative impact.
The recognition places the SCV Chamber among a select group of chambers throughout California recognized for advancing pro business policies and actively engaging on the issues that impact economic growth and competitiveness.
For us, this recognition is not just about the Chamber itself. It reflects the strength, engagement, and involvement of our members and business community.
Every day, our members bring forward the real world challenges and opportunities they are facing, whether related to workforce issues, economic regulations, housing, infrastructure, business costs, or industry specific concerns. Those conversations help shape our advocacy priorities and ensure the business community is represented in the policy discussions that directly impact our region.
Throughout 2025, we actively engaged on major issues affecting businesses locally and statewide, including workforce technology regulation, housing development, economic competitiveness, and the Film & Television Tax Credit Program, all issues with significant implications for jobs, investment, and long term economic growth in the Santa Clarita Valley.
Advocacy today requires more than simply monitoring legislation. It requires relationships, collaboration, and consistent engagement.
Over the past year, we strengthened partnerships with elected officials and their offices, participated in Sacramento advocacy efforts, worked alongside statewide coalition partners, and continued expanding opportunities for members to engage directly in the advocacy process.
Advocating for You
Our Government Affairs Council continues to serve as one of the most important ways members can stay informed, engaged, and connected to policy discussions impacting the future of our business community. The Council regularly brings together business leaders, policymakers, agency representatives, and elected officials to discuss legislation, regional priorities, and emerging issues affecting the Santa Clarita Valley.
At the same time, our advocacy efforts extend beyond legislation alone. We recognize that supporting economic vitality means engaging in conversations around housing, workforce development, infrastructure investment, transportation, economic opportunity, and business attraction.
As the Santa Clarita Valley continues to grow, it is critical that the business community remains actively involved in shaping the future of our region.
One of the most important realities we continue to emphasize is that a strong local economy depends on both thriving businesses and a growing, sustainable community. New residential development, workforce housing, infrastructure investment, and economic growth all play a role in supporting local employers, attracting talent, and creating long term opportunity for businesses across every industry sector.
The Chamber also recognizes the importance of collaboration across industries. Our members include small businesses, entrepreneurs, nonprofits, major employers, professional service providers, and development partners who all contribute to the long term success of the Santa Clarita Valley economy. Many of our industry and development partners also provide substantial support through Chamber membership and sponsorships, helping us continue delivering advocacy, programming, and initiatives that benefit the broader business community.
As California’s economic and regulatory landscape continues to evolve, the need for a strong business voice has never been greater.
That is why we remain committed to advocating strategically, engaging consistently, and working every day on behalf of the businesses and employers that make the Santa Clarita Valley such a strong and vibrant community.
Businesses interested in becoming more involved with the Chamber’s advocacy efforts or learning more about membership opportunities are encouraged to contact hello@scvchamber.com.
Celebrating Our Community
We’re thrilled to invite you to join us in celebrating the exciting new businesses opening in our community! Each grand opening is not just a milestone for these businesses but also a chance for all of us to come together and support our local economy.
From marking special occasions to recognizing remarkable achievements, we feel honored to share in your celebrations. Our grand opening and ribbon-cutting events are FREE and open to everyone to attend! It’s a wonderful opportunity to connect with fellow community members, meet the passionate individuals behind these new ventures, and explore what they have to offer.
Let’s show our support and make these celebrations unforgettable! Bring your friends and family, and let’s celebrate the growth and vibrancy of our community together. We can’t wait to see you there!
Congratulations to State Farm Steve Little Insurance Agency on your grand opening. Go visit them at 25350 Magic Mountain Pkwy, Suite 270, Valencia CA 91355. Thank you to everyone who came out to celebrate and support them. Photo credit: Joie de Vivre Photographie
Mark your calendars and come be part of the excitement as new businesses open their doors right here in our community! These grand openings are more than ribbon cuttings — they’re celebrations of growth, local spirit, and fresh beginnings.
Everyone is welcome to join the festivities, connect with fellow community members, and show support for the entrepreneurs investing in the Santa Clarita Valley.
Whether you’re launching a brand-new business or celebrating an important anniversary, we’d love to celebrate you with a memorable ribbon cutting ceremony.
This is the perfect opportunity to showcase your business, connect with fellow entrepreneurs, and celebrate your hard work and success.
Email us at hello@scvchamber.com to learn more about how we can assist in organizing your ribbon cutting or grand opening.
Crystal Carr, Field Representative for Assemblywoman Pilar Schiavo, congratulates agent Steve Little on their grand opening. Photo credit: Joie de Vivre Photographie
Celebrating Our Community
Congratulations to San Fernando Coffee Co. on your grand opening. Go visit them at 22722 Lyons Ave Unit 1 Newhall, CA 91321. Thank you to everyone who came out to celebrate and support them. Photo credit: Joie de Vivre Photographie
Shannon Hurst, Field Representative for Congressman George Whitesides, congratulates Kimberly Latima and Nicole Lopez on their grand opening. Photo credit: Joie de Vivre Photographie
Join us at The Paseo Club for our June Business After Hours Mixer and connect with professionals, business leaders, and entrepreneurs from across the Santa Clarita Valley before we pause mixers for the summer.
If you have been meaning to reconnect, grow your network, or meet new business contacts, this is the mixer you do not want to miss.
Congratulations to Special Needs Network on your grand opening. Go visit them at 25115 Ave Standford, A111, Valencia CA 91355.
Thank you to everyone who came out to celebrate and support them at their open house. Photo credit: Joie de Vivre Photographie
Brandon Gesicki, Field Representative for Senator Suzette Valladares, congratulates founder, President/CEO Areva Martin, M.Ed., Senior Vice President Juan Carlos Garcia, and team. Photo credit: Joie de Vivre Photographie
GV Plans, Organic Farm and More
DEVELOPING STORIES
BY PERRY SMITH SCV Business Journal Editor
While a long-awaited Dutch Bros. location off Valley Center Drive caused a stir at the end of last month, there’s plenty more in the Santa Clarita Valley’s development pipeline that’s worth talking about.
A massive development off Golden Valley Road was put on hold by the Planning Commission, after commissioners raised some questions about the traffic studies used to justify the plan.
The plan for Golden Valley Road and Sierra Highway called for a 60-room hotel, a four-story assisted living facility and 73 senior condos — drew a host of upset residents and questions from the Planning Commission, which asked for more study at the hearing.
A new kind of community for the Santa Clarita Valley is being planned for nearly 16 acres in Placerita Canyon, south of Quigley Canyon, off Oak Orchard Road, according to a one-stop submitted to the city of Santa Clarita.
The application submitted in April essentially lays out the concept for the gated neighborhood.
“Matilija Organic Farm is a human-scale, agriculture-based community that integrates housing, open space and wellness,” according to the application, which is credited to Robert Younkin of Robin Realty. “The development concept is rooted in traditional agricultural landuse patterns: a working farm that is the center of a residential community, with accessory uses that support local agriculture and a farm-to-table lifestyle.”
The home would be arranged around the edge of the development, preserving a large central area for crop production, according to the plan. A wellness center would be there, too, with workshops, yoga, meditation and supportive elements, including a small café, farmstand and clubhouse.
The wellness center would be membership-based and would cater to people who enjoy agriculture and organic
living, according to Younkin’s application. It says, “Matilija seeks to create a quiet, agriculturally based community. As such, the wellness center would be smaller in scale and compatible with the surrounding low-density neighborhood. The programming would be for residents of the gated community, which would be in three parcels reconfigured into 26 lots: 22 single-family residential lots, two farm lots and two strip lots used for transportation purposes, with a new gate installed on Aden Avenue.”
The 18-acre site contains already eight homes, all of which would be incorporated into the project, and 18new homes would be built, for a total of 22 single-family homes. Four of the existing houses would be converted into Accessory Dwelling Units and would be mapped onto parcels with a designated primary unit, bringing the homes into compliance with the City’s Zoning Ordinance.
An affordable-housing project is being proposed for Newhall, which is calling for the demolition of an existing single-family residence in order to construct a 10unit multifamily residential development with 100% affordable housing. Due the fact that it’s offering affordable
housing and one half-mile from a city transit center, the applicant would like to apply for density bonuses, that includ setback space, parking and open-space requirements, “as permitted by state law,” according to the applicant.
There’s also more exclusively commercial projects in the works, according to the applications at Santa Clarita City Hall.
The Break Room is looking to expand its entertainment options with a recent permit request to the city’s Planning Division.
“The Break Room is requesting approval under this minor-use permit to allow entertainment activities as an accessory use to its existing business operations. Proposed entertainment may include, DJs, live bands, acoustic performances, karaoke, emcees, that may be offered from time to time,” according to the request.
And yet another storage facility has been applied for in the Santa Clarita Valley, the Rye Canyon Storage Facility, which is being sought by the Security Paving Company from Westlake Village.
A massive development off Golden Valley Road was put on hold by the Planning Commission, after commissioners raised some questions about the traffic studies used to justify the plan. Courtesy photo
What’s Your One Word?
BY PAUL BUTLER SCVBJ Contributing Writer
Recently, a client of ours shared with me the final question they ask during interviews: “What’s one word you’d use to describe yourself?”
The client asked me this question, and after a few seconds, I responded rather flippantly with the word “dude.” I wish I could wind the clock back, as I realize this isn’t the word that best describes how I serve our clients. I tried digging myself out of the hole I’d dug by explaining that the word “dude,” to me, summarizes my love of California, but I felt my efforts were futile. “Dude” wasn’t the word that would have gotten me the job offer if I were being interviewed as a potential employee. As I’ve ruminated on that insightful question, I wish I had answered with the word “love.” I love the work we get to do for our clients. I can honestly say that if there weren’t bills to pay, I’d do
what we do as a staff training and leadership development company without seeking payment. I’d like to believe that our clients can see and feel the love we put into all we do. What I like about the word “love” is that it’s both a noun and a verb. At its best, our work can be love made visible.
How about you? What’s your word? What’s the word that best describes you—the one you’d offer to an interviewer if asked?
Although I do like this question, a still, small voice inside me wonders why some employees fall away from such great aspirations within a few short weeks or months of actually starting a job. What is it that causes Caring to become Cynical? What changes Selfless into Selfish? How, all of a sudden, does Bubbly become Bitter?
No one, when asked to describe themselves in an interview, is going to use a negative word. An interviewee will always use an attractive adjective. So, what causes some of those attractive adjectives to morph into nasty nouns or vicious verbs?
During my workplace trav-
els, I’ve met both positive and negative employees—those whom I’d categorize as assets or liabilities depending on which side of the balance sheet their attitudes drive them. But I’m always left wondering: why do some remain as positive as they were during the interview, truly remaining an asset to the organization? Conversely, why do some become so negative that the organization becomes concerned about the liabilities they may face from negative, unproductive, or unprofessional behavior?
Is it as simple as this: one person told the truth in the interview and now demonstrates this to be true each and every working day? What they said they were, they are. Conversely, is it simply that another person told a lie in the interview? They used a word they wanted the interviewer to hear, but in time, their true colors came out. What they said they were, they weren’t. I’m not sure it’s as linear and logical as that. Caring can become Cynical, Selfless can become Selfish, and Bubbly can become Bitter due to any number of life’s
twists and turns if not kept in check. I’ve noticed that when someone has a strong internal compass (by knowing whose they are and who they are), they’re able to stay on the right side of the balance sheet. As Helen Keller, the late author, disability rights advocate, political activist, and lecturer once said, “I keep my face to the sunshine and then I don’t see the shadows.”
I wholeheartedly believe that great leaders also have a noble, honorable responsibility to create a workplace culture that brings out the best in people. Sometimes, such a leader may even need to lovingly encourage Cynical, Selfish, and Bitter to remember who they once were and can become again. Peter Drucker, the late management theorist, once said, “A leader has the responsibility of bringing out the better angels within people.”
So, what’s your one word? Paul Butler is a Santa Clarita resident and a client partner with Newleaf Training and Development of Valencia (newleaftd.com). For questions or comments, email paul. butler@newleaftd.com.
It’s Not What You Pay. It’s What It Costs
BY SONIA LEE Partner Thompson Von Tungeln
Every transaction has a headline number. The purchase price, the investment, the valuation everyone fixates on across the table. After decades of closing deals, we can tell you it is the least reliable predictor of how a transaction will ultimately turn out. What determines whether a deal
builds wealth or quietly erodes it is everything the headline number conceals: the tax treatment, the allocation of liabilities, the representations and indemnities, the financing terms, and the conditions that surface long after the handshake. Two acquisitions priced identically can produce entirely different outcomes. One positions the buyer for the next decade. The other carries forward unfunded liabilities, an unfavorable tax basis, and lender obligations that constrain the business for years. The dollar figure was
the same. The actual cost was not. This is why how you transact can sometimes matter more than what, when and from/to whom you buy or sell. Structure flows directly into your tax exposure, your operations, your estate plan, and the legacy you intend to pass on. The difference between an asset purchase and a stock purchase, or between a precise indemnity and a careless one, is often the difference between a clean closing and years of litigation; a legacy or a curse.
T he L is T F inancia L a dvisors
Financial – Marisa Zatorski Financial
Stanley – Michael Berger
Town Center Drive, No. 200 Valencia 91355 • 661-290-2028 advisor.morganstanley.com/ michael.d.berger
Condo Inventory, Prices Both on Rise
BY DAVID WALKER
The median price of condominiums that closed escrow during April throughout the Santa Clarita Valley increased 5.9% compared to a year ago even as the number of condos listed for sale jumped 14.0%, the Southland Regional Association of Realtors reported, in the most recent data available.
The condo median price of $575,000 was well below the record-high $650,000, which was established in June 2024. More importantly, the local condo median price for April was significantly lower than the statewide condo average of $648,000 for first quarter 2026. The single-family median price in April came in at $862,000, down 1.5% from a year ago.
“Condos remain the best relatively affordable path for first-time homebuyers to get into the residential market,” said Nicole Stinson, president of the 10,000-member association. “The inventory is the largest it’s been in years, and interest rates across the nation dropped last month to an average of 6.08%, which opens the opportunity of ownership to a wider swath of prospective buyers.
“Plus, condos in Santa Clarita cost less than what buyers pay in other Southern California communities,” Stinson said, “and our inventory is on the rise.”
The association reported 277 condominium active listings at the end of April, up from 243 last year. Condo active listings took off beginning in January 2025 and have been heading higher ever since. The year is on track to surge into new territory if the pace of listings seen during the first three months of 2026 continues.
“Interest rates were trending down prior to the beginning of the war with Iran and seemed likely to post at least one or two drops in 2026,” said Valerie Biletsky, the association’s chief executive officer. “But since February, interest rates have been volatile, falling below 6% then swinging over 6.6%.
“Typical market forces would suggest that rates should decline this year,” Biletsky said, “but rates now appear to be reacting more to geopolitical forces and
its impact on inflation, yielding a measure of uncertainty.”
Local Realtors assisted the close of escrow of 171 single-family home during April, which was up 1.8% from April 2025. Fifty-seven condominiums changed owners, which was a decrease of 5% over the same period last year.
Days on the market for homes came in at 38, up two days, while condos were on the market an average of 50 days, also an increase of two days over a year ago.
SRAR’s Income-to-Loan guide for April found that an income of $215,620 was needed to qualify for an 80% loan of $696,000 on a Santa Clarita Valley median-priced single-family home of $870,000. With the national average interest rate at 6.08% during April — the lowest since January 2022’s 2.97% and well below the 7.56% of December 2023 — the income needed to qualify decreased 6.9% compared to a year ago. The monthly PITI — principal, interest, taxes and insurance payments — totaled $5,390.
Declining interest rates and falling home prices made it possible for more Californians to afford a home purchase, according to the first-quarter 2026 report on affordability from the California Association of Realtors. Approximately 22% of households could afford to buy the median-priced home of $843,390 reported in the first quarter of the year. That was up from 21% in the fourth-quarter 2025 and 19% than in
first-quarter 2025. A minimum annual income of $204,800 was needed to make monthly payments of $5,120, including principal, interest and taxes on a 30year, fixed-rate mortgage at 6.24%.
Thirty-two percent of homebuyers were able to afford a condo or townhome at a median price of $648,000, requiring a monthly payment of $3,930 and a minimum annual income of $157,200, according to the California Association of Realtors.
The Southland Regional Association of Realtors recently expanded its First-time Homebuyer Grant Program, increasing income limits to make the program accessible to more prospective buyer. In partnership with the California Association of Realtors’ Housing Affordability Fund, the cash grants provide financial assistance to eligible homebuyers by offsetting ownership-related expenses.
The $1,000 grants will be awarded to qualified first-time owner occupants until all available funds are awarded. Income limits and other conditions apply. Go to Grants on SRAR.com or email Maritzar@srar.com for details and questions.
Chartered by the National Association of Realtors in 1920, the SRAR is the voice for real estate in San Fernando and Santa Clarita valleys. With nearly 11,000 members, SRAR serves as a trusted resource and partner to the real estate profession and the community at large.
May Forecast Projects 16th Year of Assessment Roll Growth
BY JEFF PRANG
Los Angeles County Assessor
Following a year marked by devastating wildfires that tore through the communities of Pacific Palisades and Altadena and disrupted the regional real estate market, I announced the May 15 Forecast for the 2026 Assessment Roll, projecting a 3.9 percent increase in taxable property values over 2025.
damaged more than 23,000 parcels, claimed lives, and sent shockwaves through the local housing market. In the aftermath, our Office has worked diligently to ensure affected property owners receive every assessment relief benefit to which they are entitled. At the same time, we remain committed to the fair and equitable assessment of all taxable property throughout Los Angeles County.
to Assessment Roll growth, adding an estimated $47 billion in new value. The annual inflation adjustment mandated under Proposition 13, which reached the maximum 2 percent cap, is expected to add approximately $43 billion.
New construction is projected to contribute another $10.5 billion, while decline-in-value reductions are expected to remove approximately $11 billion from the Roll.
January 1, 2026.
To view the 2026 Assessment Roll Forecast, visit the Los Angeles County Assessor’s Office.
If finalized, this would mark the 16th consecutive year of growth for Los Angeles County’s Assessment Roll.
The 2025 wildfires devastated entire neighborhoods,
TVT
Continued from page 15
The projected increase reflects a combination of factors that shaped the real estate market in 2025. Overall, the market remained relatively stable, with the median value of a single-family home reaching $982,000 in June.
Property transfers continue to be the largest contributor
We see the consequences far too often. Capable people, well advised on everything except the one thing that mattered, who moved quickly, signed the wrong instrument, and spent years and real money unwinding it. This is particularly common when successful businessown-
The forecasted total net value of $2.2 trillion would generate approximately $27 billion in property tax revenue to support essential public services, including public education, first responders, healthcare, and other county services. All assessments are based on property values as of
ers try and negotiate with private equity and other financial investors without experienced representation.
It doesn’t have to be this way. The most valuable hour in any deal is usually the one spent before the documents are signed, with counsel who has sat on both sides of the table hundreds of times.
That is what we do. If you are considering buying, selling, investing in, or start-
Los Angeles County Assessor Jeff Prang has been in office since 2014. Upon taking office, Prang implemented sweeping reforms to ensure that the strictest ethical guidelines rooted in fairness, accuracy and integrity would be adhered to in his office, which is the largest office of its kind in the nation and provides the foundation for a property tax system that generates more than $20 billion annually.
ing a venture, call us at 661-945-5868. We offer a complimentary initial consultation, and ours are the only attorneys in the area with genuine Wall Street and international transactional experience as attorneys and private equity investors.
Like many of our clients, we have bought, sold, built, and invested in businesses of our own.
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26455 Rockwell Canyon Road | UCEN 263 | Santa Clarita, CA 91355 | (661) 288-4400 | www.scvedc.org
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*Source: Employment Development Department (EDD) -
Your Business Is Probably Your Most Valuable Asset. Does Your Estate Plan Know That?
BY JASON BEAMAN Poole Shaffery
Many business owners have taken the time to prepare an estate plan. They may have a revocable trust, powers of attorney, health care documents, and a general plan for where their assets should go when they pass away.
That is a good start.
But for many business owners, the largest asset they own is not a bank account, brokerage account, or real estate. It is the business they built.
And too often, the estate plan does not adequately address what happens to that business.
This is easy to miss. A business owner may think, “My trust owns my assets, so I’m covered.” But a business is not like a savings account. It has employees, customers, vendors, contracts, bank relationships, tax obligations, and sometimes licenses or permits. If the plan is not coordinated with the business documents, the business can get stuck at the worst possible time.
Business succession is hard. One commonly cited estimate is that only about 40% of U.S. family-owned businesses become second-generation businesses, and only about 13% make it to the third generation. That does not mean every family business is doomed. Succession
rarely works by accident.
A Trust Alone May Not Solve the Problem
A revocable trust may say who receives your ownership interest when you pass away. But many practical questions may be left unanswered.
Who can manage the company during incapacity? Who can sign checks, deal with the bank, approve payroll, or make decisions?
For example, if an owner becomes incapacitated, the successor trustee may have authority over trust assets. But that does not always mean the trustee can step directly into the owner’s role as president, manager, director, or bank signer. The answer may depend on the company’s governing documents and banking arrangements.
Ownership and Control Are Different Issues
One common mistake is assuming that transferring business interests to a trust solves everything. It may solve part of the ownership issue, but not the control issue.
The trust may say that a spouse or child receives the business interest. But the company’s documents may impose transfer restrictions or give another owner the right to buy the interest. The bank may have its own requirements. Key contracts may require consent. Business
licenses may not transfer at all.
Family Issues Can Make This Harder
This is especially important for family-owned businesses. Maybe one child works in the business and the others do not. Maybe the owner wants all children treated equally, but only one can run the company. Maybe the business has significant value, but not much cash.
That can create a real problem. An estate plan that is “equal” on paper may not work in real life. If three children inherit equal shares of a business, but only one works there, what happens next? Do the non-working children expect distributions? Is there enough cash to buy them out?
The Better Approach
Business owners should periodically review their estate plan, governing documents, buy-sell agreement, insurance, banking authority, and succession plan together.
The goal is not just to decide who receives the business. It is to make sure someone has authority to operate it, preserve its value, and carry out the owner’s wishes.
Your business may represent decades of work, risk, relationships, and reputation. Your estate plan should treat it that way.
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In today’s world, protecting your business, property, and people isn’t optional — it’s essential. That’s where ASG (All Systems Go) comes in. With a reputation built on reliability, expertise, and personalized service, ASG delivers cutting-edge security solutions designed to give you confidence and peace of mind.
At ASG, we understand that no two clients are alike. Whether you’re a small busi-
ness owner, a growing company, or managing a large facility, your security needs are unique. Our team takes the time to evaluate your property, identify vulnerabilities, and design a customized system that fits your exact requirements and budget. From advanced surveillance cameras to access control systems and alarm monitoring, we provide solutions that work seamlessly together to keep you protected 24/7.
What sets ASG apart is not just the technology — it’s the people behind it. Our experienced professionals are committed to delivering exceptional service from start to finish. We don’t believe in one-size-fits-all installations or quick fixes. Instead, we build long-term relationships with our clients, offering ongoing support, system maintenance, and upgrades as your needs evolve.
When you choose ASG,
you’re not just investing in a security system — you’re investing in peace of mind. You can focus on running your business or enjoying your property, knowing that your security is in expert hands. Ready to take the next step? Visit www.asgalarm.com or call 661.255.1509 to learn more about how All Systems Go can protect what matters most.
