Home Featured Orange County Apartment Sales Nearly Triple to $1.1 Billion as Cap Rates Fall to 4.6%
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Orange County Apartment Sales Nearly Triple to $1.1 Billion as Cap Rates Fall to 4.6%

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Apartment building facade
Photo by Alek Kalinowski on Unsplash
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Orange County’s apartment market posted a nearly threefold jump in quarterly sales volume and the region’s strongest rent growth in the third quarter, while its median cap rate fell to 4.6 percent against a regional tide of rising yields, according to NAI Capital Commercial.

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