During the first half of the year multifamily properties in Southern California saw both vacancy and asking rents rise. Still, developers were active, with tens of thousands of units under construction in the region, according to a report from Northmarq. This Special Report talks to 12 multifamily experts, including both developers and brokers, about the state of L.A.’s multifamily market.
Despite capital markets disruptions, Los Angeles remains the "gold standard" in the multifamily sector, according to Kimberly Stepp of Stepp Commercial.
Kimberly Stepp multihousingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multihousingnews.com Daily Mail and Mail on Sunday newspapers.
Santa Monica Apartments Trade Hands - Los Angeles Business Journal labusinessjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from labusinessjournal.com Daily Mail and Mail on Sunday newspapers.