In San Fernando Valley, 97-unit complex sells for $26M
While the pandemic has sunk commercial real estate property prices across most sectors, apartments have been among the very...
Multifamily Real Estate
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Statewide eviction moratorium extension would require partial tenant payments
State lawmakers are expected to present a bill on Friday that would extend a statewide eviction moratorium, but would...
Statewide eviction ban, set to end, may get brief extension
The state court’s rulemaking body plans to extend — but only briefly — the statewide eviction and foreclosure moratorium,...
Rents are falling fast at LA’s priciest apartments
Residential rents continue to fall across Los Angeles, particularly at the top end of the market. Average asking rent...
State lawmakers call for eviction moratorium extension
Legislators are calling on California’s rulemaking body to extend the statewide moratorium on evictions, which could be lifted within...
SoCal developers say demand for office, retail space will continue to drop
The demand for office and retail space will continue to drop in the next few years in Southern California,...
Canfield plans 85-unit apartment complex in East Hollywood
Canfield Development wants to build an 85-unit apartment building on Santa Monica Boulevard in East Hollywood. The eight-story complex...
Expanded unemployment has kept California renters afloat. But that’s set to expire
The majority of renters in California appear to be paying their rent in full despite the coronavirus pandemic, but...
Jamison sells 72-unit Koreatown complex to Omninet
Jamison has sold its first apartment development project in Koreatown. Omninet Capital paid $32.4 million for the 72-unit Maya...
Average June rent hike in LA was smallest in 5 years
Landlords hiked residential rents in Los Angeles by an average of just 4 percent in June, the smallest annual...