Yardi Matrix
Ares Management Offloads Pico Rivera Industrial Facility for $63.8MM
Metro Los Angeles property trades at premium amid tight industrial market conditions Ares Management has sold a 173,100-square-foot industrial facility in Pico Rivera,...
Hotel Conversions Reshape America’s Rental Market as Hospitality Struggles Mount
The American hotel industry’s post-pandemic malaise is creating an unexpected windfall for apartment developers. In 2024, more than 9,100 hotel rooms were transformed...
Los Angeles Self-Storage Developer Bets Big on Playa Vista Mixed-Use Expansion
A new project aims to add retail and warehouse space to an existing facility in one of LA’s hottest neighborhoods A new mixed-use...
21,000 SQFT Brentwood Development Site Will Test LA’s Appetite for Westside Multifamily Development
Half-acre parcel at Wilshire and Barrington could yield more than 240 units under city’s new housing incentive program A development site at the...
West Covina 76-Unit Apartment Complex Sells for $26.35MM in Record Seller-Financed Deal
Transaction marks largest owner-financed multifamily deal in LA County in a decade In a market where traditional financing has become increasingly scarce and...
Oregon’s Foundation of Affordable Housing Pays $15.5MM for 82-Unit Garden Grove Senior Property
Oregon-based operator pays premium for Garden Grove senior property as region grapples with housing shortage The Foundation of Affordable Housing’s $15.5 million acquisition...
JRK Property Holdings Acquires Historic 401-Unit Sherman Oaks Apartment Complex for $129MM
Los Angeles investment firm pays $321,695 per unit for Chase Knolls, signaling continued confidence in San Fernando Valley multifamily market Los Angeles-based JRK...
North Palisade Partners Secures $55MM Refinancing for New Huntington Park Self-Storage Facility
North Palisade Partners, a Los Angeles-based real estate development firm, has successfully secured a $55 million refinancing loan for its newly developed self-storage...
Build-to-Rent Housing Surge Reaches New Heights Across U.S.
The U.S. single-family rental (SFR) market is undergoing a major expansion, driven by evolving renter preferences and sustained housing demand. In 2024, the...
Yardi Matrix Anticipates Slowdown in New Multifamily Construction in 2024
Multifamily construction starts expected to continue to moderate this year SANTA BARBARA, Calif., Feb. 7, 2024 – Multifamily construction starts declined in 2023,...
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...
RentCafe Report: U.S. Apartment Construction Projected to Remain High Until 2025, West Coast Cities Among Top 20 for Multifamily Deliveries
By Kate Snyder Across the United States, 2023 is shaping up as a new peak year for apartment construction as developers are expected...
