Los Angeles Multifamily Development Is Having a Brutal 2023 therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Corona-based Watermarke Properties has paid $36.3 million for a pair of offices in the South Coast Metro area of Santa Ana, in the largest multifamily redevelopment play on the books for the city.
Despite recent signs of a slowdown in rents, multifamily development continues to move forward in Orange County, with nearly 4,000 units delivered across the county as part of large apartment projects since the start of 2022.