multifamily
1.5-Acre Burbank Transit-Adjacent Development Site Hits Market With $1.2MM In-Place Income
A rare income-producing Burbank infill site next to the Airport-North Metrolink Station hits the market with by-right density of up to 360 units...
Berkshire Hathaway Strikes $8.5B Deal to Take Taylor Morrison Private in Buffett-Era Housing Bet
All-cash .50-per-share offer hands Greg Abel his first marquee acquisition and gives Berkshire its first production-scale homebuilder. Warren Buffett’s successor wasted little time...
Schaffel Development Lists Newly Built 36-Unit Cloud Nine Apartments in West Adams for $15.39MM
The Sherman Oaks-based developer brings a 2025-vintage transit-adjacent multifamily asset to market at $427,500 per door as West Adams continues its development surge....
Sustainability and Savings: What Gen Z Renters Want in Multifamily Housing
As environmental awareness grows, multifamily housing developers are racing to meet the demands of a younger, eco-conscious generation. Simon Herrmann, from PearlX—a company...
Multifamily Construction Rebounds Amid Broader Housing Market Decline
In its latest economic report, titled Housing Starts and Permits Declined in October, Wells Fargo highlights a turbulent month for U.S. housing construction, with...
Private 1031 Exchange Investor Buys 12-Unit, $5.1MM Multifamily Property in Laguna Beach
NEWPORT BEACH, Calif. – CBRE announced the sale of Laguna Terrace, a 12-unit multifamily property at 2200 S. Coast Highway in Laguna Beach,...
Four-Property Multifamily Portfolio in Huntington Beach Sells for $18MM
NEWPORT BEACH, Calif. – CBRE announced the sale of four multifamily properties in Huntington Beach, Calif., in separate transactions, totaling 34 units. The...
70-Unit Multifamily Community In San Diego’s Hillcrest Neighborhood Secures $16.5MM In Construction Financing
SAN DIEGO, CALIF., August 30, 2024 – Max Benjamin Partners (MBP), a boutique real estate advisory firm that provides innovative capital solutions to developers...
Loan Delinquencies Surge in Commercial Real Estate Sectors at the End of 2023
The commercial real estate sector is currently navigating through turbulent financial conditions, evidenced by a significant rise in loan delinquencies. This worrying trend...
Adapting to the New Normal: The Future of Commercial Real Estate in 2024
The commercial real estate market has entered a period of reckoning after years of enjoying the benefits of “cheap money.” This era, which...
Orange County’s Multifamily Market Shows Resilience Amidst Nationwide Real Estate Trends
As the third quarter of 2023 wrapped up, the multifamily real estate market in Orange County continued to demonstrate robust health, outperforming national...
Bill to Convert Buildings into Affordable Housing Clears CA Assembly Unanimously
California Assembly Bill 1695 (Miguel Santiago, D-53rd District) makes adaptive reuse of existing buildings permanently eligible for the state’s affordable multifamily housing loan...
