Everything Adam O'Neill said on any show that made the record, most notable first. Each card names its show and opens the statement there.
O'Neill: California is withholding funds and suing cities defying RHNA mandates
“Now, the governor and the state are coming down on them, and they're not providing dollars, state dollars, to these municipalities if they don't update their arena update their housing elements. And they're in fact suing them in the court, the state AG, if the…”
O'Neill: California AB 130 exempts sub-85ft market-rate projects from CEQA
“They just passed an ordinance, I think it was last week, AB- one-thirty. AB- one-thirty gets rid of, removes CEQA completely. One does not even have to go through CEQA permitting or the CEQA clearance at all for projects that are market rate and under 85 feet …”
O'Neill: LA's Executive Directive 1 Enables Affordable Housing via Private Equity
“Executive director, order one in the city of Los Angeles for building a hundred percent affordable housing is magical. It's been through multiple iterations right now, but it's still a very, very Viable thing to build affordable housing, not with LIHTC or usin…”
O'Neill: California SB 1123 permits 10 homes by-right on R-1 parcels
“Our SB-Eleven-Twenty-Three which allows for 10 homes even on an R-One site or other multi-family sites. By right, ministerial. Ministerial means you don't have to go through any planning you don't have to go through any political type of process. You don't hav…”
O'Neill: Do Not Use Architects for Initial Land Use Due Diligence
“I think you only go to an architect when you've done this due diligence that we're talking about, and you think you have something of value. And frankly, you now have to secure the site, right? So if you have a friend that's an architect, sure they can do that…”
O'Neill: Most real estate investors fear California entitlements
“I believe that you and most people involved in real estate investments whether it's office storage, multifamily across all the spectrums of the different investment vehicles, they're fearful of the entitlements and especially fearful in the state of California…”
O'Neill: Major California Cities Have Passed Expedited Infill Housing Ordinances
“Most major cities like San Diego, San Francisco, San Jose, they also have similar ordinances for this as well.”
Adam O'Neill generated large returns selling entitled land to major homebuilders
“I sold to, you know, larger companies, you know, Shea Homes, KB Homes, D.R. Horton entitled projects brought them to full entitlements, not even building It's just entitled and sold them for multiples on my investment. And sometimes I did that by getting in lo…”
A fund invested $50M on the condition Adam O'Neill quit the LAPD
“They gave me a meeting, and long and short, they invested fifty million dollars into my idea, and with the caveat that I have to leave the police department, and which I did.”
PAUL MORRISLEDGER