Residential
City of Los Angeles Approves Rezoning Program to Add 250,000 Housing Units in Three Years
LOS ANGELES — The Los Angeles City Council approved revisions to City Planning’s Housing Element that will establish one of the most ambitious...
Interstate Equities Purchases 119-Unit Multifamily Asset in Oxnard for $39.75MM
OXNARD, Calif. – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Ocean Villas, a...
Report: California Neighborhoods Continue to Attract Multifamily Developers
By Catherine Sweeney Across many of the nation’s largest cities, multifamily properties continue to be a favored asset among developers, with approximately 1.6...
Housing Diversity Corp. Plans 58-Unit Mixed-Use Building for Hollywood
By Catherine Sweeney A Seattle-based multifamily developer, Housing Diversity Corporation, is continuing to expand its presence in Los Angeles. Earlier this month, the...
California Claims 70 Percent of Nation’s Priciest Zip Codes
By Meghan Hall The West Coast has become an increasingly expensive place to live over the years, and high home prices that once...
Tricon Announces Plans to Deliver Over 3,000 New Build to-Rent Homes Across 23 Communities to Satisfy Growing Demand for U.S. Housing
Toronto, Ontario – November 23, 2021 – Tricon Residential Inc. (TSX and NYSE: TCN) (“Tricon” or the “Company”), an owner and operator of...
AHDC Sells 313-Unit Affordable Housing Community in Pasadena for $223MM
By Catherine Sweeney Over the past several months, Pasadena has seen a large number of multifamily sales. Most recently, Kings Village, an affordable...
17-Property Multifamily Portfolio in Long Beach Totaling 155 Units Sells for $41.85MM
Long Beach, Calif. November 19, 2021 – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has the completed the...
Fully Entitled 108-Unit Student Housing Development Opportunity on the Market Near USC for $18MM
By Catherine Sweeney A fully entitled housing development near the University of Southern California is on the market, offering a potential buyer the...
Brookfield Residential to Develop 400-Home Community at Tustin Legacy
By Catherine Sweeney Brookfield Residential is adding to a growing master planned community in Tustin with the addition of a 400-home development. Named...
Landsea Homes Breaks Ground on Two Housing Communities in San Juan Capistrano
San Juan Capistrano, Calif. (November 18, 2021) – Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential home...
Essex Property Trust Reports Robust Recovery in West Coast Markets
By Catherine Sweeney As the multifamily sector continues to see improved market fundamentals, Essex Property Trust remains bullish for the future of its...
