LA County Large-Apartment Sales Jump 44% to $3.3 Billion as Per-Unit Pricing Slips to $357,085

Investors have put $3.3 billion into Los Angeles County apartment properties of 50 or more units so far this year, a 44 percent jump, even as average pricing per unit slid and countywide occupancy and rents stalled under a wave of new deliveries, according to Colliers' third-quarter data.