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AECFeaturedFinanceIndustry NewsLos AngelesResidential

Los Angeles Multifamily Vacancy Rises to 5.2% as Sales Prices Drop 10% Year-Over-Year

Third-quarter data shows cooling demand with net absorption down 28.8 percent despite increased construction deliveries The Los Angeles apartment market is showing clear...

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FinanceIndustry NewsResidential

New Mexico State Investment Council Commits $300MM to U.S. Multifamily Real Estate via Fairfield

The New Mexico State Investment Council (SIC) has announced a significant $300 million investment in U.S. multifamily real estate through Fairfield Residential, marking...

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FinanceIndustry NewsInland EmpireLos AngelesOrange CountyResidentialSan Diego

Fairfield Completes $600MM Initial Capital Raise for Affordable Housing Fund

By Jon Peterson San Diego-based Fairfield Residential has been a stalwart multifamily investment and management firm with properties across the country. The company...

FinanceIndustry NewsLos AngelesResidential

Essex Property Trust Acquires Full Interest in 211-Unit Los Angeles Apartment Portfolio for $32.68MM

By Catherine Sweeney Essex Property Trust is growing its holdings in Southern California, recently announcing the acquisition of a joint venture partner’s 49.8...

FinanceIndustry NewsNews ReleasesOrange CountyResidential

GID Purchases 335-Unit Multifamily Community in Orange County for $182.5MM

LA HABRA, Calif. (December 7, 2021) – The Valentia Apartment Homes, a Class-A multifamily community consisting of 335 market-rate units in the North Orange County...

FinanceIndustry NewsLos AngelesNews ReleasesResidential

Fairfield Residential Acquires 130-Unit Apartment Complex in Valencia for $62MM

Valencia, Calif., Sept 10, 2021 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of...

FinanceIndustry NewsNews ReleasesResidentialSan Diego

Fairfield Residential Purchases Il Palazzo in San Diego for $45.3MM

SAN DIEGO – JLL Capital Markets announced today it closed the $45.3 million sale and arranged a $27 million acquisition financing for Il Palazzo, a 108-unit multi-housing...

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