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FeaturedFinanceIndustry NewsLos AngelesOrange CountyResidentialSan Diego

Southern California’s Steady Hand: Essex Posts 2.2% Revenue Growth as Orange County and San Diego Lead the Region

Los Angeles County trailed the rest of Essex’s Southern California portfolio in Q1 2026 as Orange County and San Diego absorbed regional demand...

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FinanceIndustry NewsLos AngelesResidentialRetail

Private Investor Group Lands Chelsea Apartments in Santa Monica for $33.1MM, Secures 10-Year Fixed Debt

A 53-unit coastal trophy two blocks from the Pacific trades at roughly $625,000 per door as a Venice-based sponsor doubles down on supply-constrained...

Hollywood Hills with the Hollywood sign
AECFeaturedHospitalityIndustry NewsLos AngelesResidential

State Housing Law Forces West Hollywood to Greenlight Faring’s 126-Unit Bond Hotel and Residences

A 4-1 council vote ends a multi-year entitlement fight on Santa Monica Boulevard and clears one of the city’s most contested infill sites...

Hollywood Hills with the Hollywood sign
FinanceIndustry NewsLos AngelesResidential

Faulkner Capital Partners Acquires 86-Unit Hollywood Luxury Tower The Baxter for $33.9MM

The Class A multifamily asset at 1818 N Cherokee Avenue closed as-is with no retrades in under 30 days from PSA, trading above...

San Diego apartment building
FinanceIndustry NewsResidentialSan Diego

Fairfield Residential Acquires 198-Unit Resort At Encinitas For $110MM In Coastal San Diego Play

The San Diego–based owner paid roughly $555,505 per unit for the former condo-conversion property, doubling down on stabilized coastal product as the regional...

apartment building
FeaturedIndustry NewsLos AngelesOrange CountyResidentialSan Diego

Essex Property Trust Posts Sector-Leading Revenue Growth Across Southern California Portfolio in 2025

The San Mateo-based apartment REIT reported 3.3 percent same-property revenue growth in its largest region, outpacing national averages amid constrained supply and steady...

rendering of apartment with couch and shelves
FinanceIndustry NewsLos AngelesResidentialRetail

Fallas Family Defaults on $31.8MM CMBS Loan at Historic 88-Unit Metropolitan Building in Downtown Los Angeles

Vacant retail space left behind by the family’s bankrupt discount chain drives the mixed-use landmark into special servicing as the property hits the...

Facade of modern apartment building with blue background
FinanceIndustry NewsResidential

Decron Properties Secures $82.9MM Fannie Mae Refinancing for 398-Unit River Ranch Apartments in Simi Valley

The multigenerational owner-operator locks in its lowest portfolio fixed rate in four years, retiring bank debt and extracting capital to continue investing in...

San Diego highways
FinanceIndustry NewsResidentialSan Diego

82-Unit Sleepy Hollow Apartments Listed for Sale on 3.15 Acres in San Diego’s Hillcrest

The multifamily property north of Scripps Mercy Hospital offers interim cash flow alongside redevelopment potential in one of the city’s most supply-constrained rental...

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FinanceIndustry NewsResidentialSan Diego

WLA Investments Lists 71-Unit Historic East Village Apartment Building for $17.85MM in San Diego

The recently renovated Class C property at 509 Park Blvd, originally built as the Bay View Hotel in the late 19th century, is...

rendering of apartment with couch and shelves
FinanceIndustry NewsLos AngelesResidential

83-Unit Multifamily Portfolio in Los Angeles Trades for $14.8MM

Three-property portfolio trades at approximately $178,000 per unit as investor activity accelerates across Greater Los Angeles A three-property multifamily portfolio totaling 83 units...

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