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Home Featured SoCal Apartment Sales Surge 36% to $4.3 Billion as Rents Stall and Cap Rates Rise
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SoCal Apartment Sales Surge 36% to $4.3 Billion as Rents Stall and Cap Rates Rise

October 9, 20263 Mins read17
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Southern California apartment investors drove third-quarter sales to $4.32 billion even as rents stalled and cap rates climbed, a sign the region is trading again on repriced, financing-driven terms rather than on bets that rent growth will rescue returns, according to new research from NAI Capital Commercial.

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