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FinanceLos AngelesResidential

San Fernando Valley Buyer Acquires 41-Unit North Hollywood Apartments from Kwan Trust for $5.89MM

A San Fernando Valley buyer paid nearly $5.89MM, or $143,610 per unit, for a 41-unit North Hollywood apartment building at a 5.70% cap...

Irvine, California
AECIndustry NewsOrange CountyResidential

Dupont Properties Seeks Irvine Approval for 107-Unit Apartment Project to Replace 18,000 SQFT Office Building

A 1971 office building on Irvine's Dupont Drive would be torn down for a six-story, 107-unit apartment building, as Dupont Properties, LLC takes...

apartment buildings
FinanceOrange CountyResidential

Nine-Eighteen Apartments, 32-Unit Anaheim Complex, Trades for $7.1MM in All-Cash Deal

A long-dormant local investor returned to the apartment market for the first time since 1993, paying $7.1 million in cash for a 1970s-era,...

apartment building
FinanceIndustry NewsLos AngelesResidential

71-Unit Westwood Apartment Building on Beverly Glen Sells for $14.2MM

The $14.2 million sale of 1441 S. Beverly Glen Blvd. pushed well past Measure ULA's $10.9 million top-tier threshold, a bracket where Marcus...

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FinanceIndustry NewsResidential

Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper

Essex Property Trust has lined up $275 million of unsecured bank debt led by Bank of America to retire short-term commercial paper, trading...

Riverside, California
FinanceIndustry NewsInland EmpireResidential

113-Unit Workforce Housing Portfolio in Riverside Trades for $21.8MM

University Gardens, Normandy Apartments Trade Together for $192,920 Per Unit Amid Tightening Inland Empire Vacancy Two adjacent Riverside apartment properties under common ownership...

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CommercialFinanceIndustry NewsResidentialSan Diego

Living Trust Acquires 59-Unit El Cajon Apartment Community for $13.25MM

At $224,576 per unit, the 59-unit community trades for roughly 44 percent less than San Diego County's average multifamily price, reflecting its East...

Torrance neighborhood Sign in Los Angeles California
FinanceIndustry NewsLos AngelesResidential

Good Capital Group Pays $21MM for 60-Unit Tournament Patio Apartments in Torrance

At roughly $350,000 a unit, the price outpaces the Los Angeles multifamily market's second-quarter average even as citywide rent growth has slowed to...

San Diego apartment building
FeaturedIndustry NewsLos AngelesResidential

California’s Renter Majority Stays Cost-Burdened as Los Angeles Rent Growth Stalls at 0.2%

A statewide snapshot compiled in Los Angeles counts more than 16 million California renters and finds nearly 42 percent struggling to afford rent,...

U-Haul moving van garage and parking lot. U-Haul company offers moving and storage solutions.
FeaturedIndustry NewsLos AngelesResidentialSan Diego

Los Angeles Cracks Gen Z’s Top Five and San Diego Draws Gen X as Younger Movers Blunt California’s Exodus

U-Haul's 2026 midyear migration report finds Los Angeles ranking among the nation's five busiest Gen Z destinations and San Diego landing on Gen...

Financial advisor with clients
FeaturedIndustry NewsResidential

Brokers Turn to Autonomous AI Agents to Automate Rent Comp Tracking

Commercial real estate brokers are increasingly handing rote market research to autonomous AI agents that assemble proprietary comp databases and monitor rival properties...

gavel for a legal matter
FeaturedIndustry NewsResidential

Essex Property Trust Settles RealPage Rent-Algorithm Antitrust Case for $36.5MM

Essex Property Trust used its second-quarter earnings report to disclose it had fully resolved the closely watched antitrust claims tied to RealPage's rent-setting...

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