Multifamily inventory is outpacing sales across several Los Angeles submarkets, increasing competition among sellers and reinforcing the importance of realistic pricing.

Why this continues to support multifamily demand.

Why inflation remains a key tenant concern.

A week ago, the Los Angeles Controller’s Office released what it called the “Top 100 Rental Properties” list in LA. As I started going through the addresses, I noticed something interesting. I recognized many of the properties not because I was involved in them, but because a surprisingly significant number of them have traded over the past few years. Roughly 16% of the buildings on the list have sold within the last 4 years. That raises a bigger issue. Instead of focusing on

The ADU Parking Tradeoff in LA Multifamily A lot of LA multifamily owners are adding ADUs right now, but there’s no clear consensus on the best strategy. I’m seeing two very different approaches: Some owners are eliminating parking entirely to maximize unit count Others are adding a few ADUs while preserving most of their existing parking There’s no “right” answer. It’s a classic short-term vs. long-term tradeoff. Short term: Units without parking are generally harder to leas

100% of the time I only sell Los Angeles apartment buildings. I don’t try to cover other product types, and I don’t try to cover other markets outside of Los Angeles. In LA where every deal is hyper local and constantly shifting, being fully focused matters. I get calls all the time to sell office, retail, or assets outside of Los Angeles and I say no. Not because I can’t do it, but because my clients are better served when I stay focused on what I actually specialize in. Bei

What Comes Next for LA Multifamily Investors After the City Council’s RSO Vote? The November 12th City Council vote is yet another reminder of how complex it has become to operate multifamily assets in Los Angeles. Capping annual rent increases at 90% of CPI makes little economic sense when core operating expenses—property taxes, utilities, insurance—continue rising regardless of inflation. Expenses such as insurance and sewer fees move entirely independent of CPI, so tying a

Where are the Good Deals? Los Angeles County currently has a massive amount of inventory across nearly every submarket. As of today, there are 1,279 multifamily buildings on the market. The first quarter of 2025 was quiet, with only 320 transactions—a significant drop from 477 deals in Q4 2024. The wildfires earlier this year contributed to a “pencils down” environment among many buyers. However, select listings are gaining strong momentum—especially well-located value-add pr

Lower-cost submarkets on solid footing. Amid a period of household budget tightening, local apartment fundamentals point to strong...

Higher mortgage rates influence buyer and seller motivation. The average 30-year fixed-rate mortgage climbed to a five-month high of 7.0...

Robust Demand Momentum The multifamily sector experienced substantial demand growth in the first quarter of 2024, with a record-breaking...

Single-family accounts for a growing share of development. Multifamily and single-family construction trends are moving in opposite...

Is LA Multifamily Trading? In the first quarter of 2024, 3,041 units were sold, which is pretty much on par with the number of units sold during the first quarter of 2009 when the capital markets were frozen. Los Angeles multifamily is unique to other markets as the disastrous ULA transfer tax is to blame for the larger sales declines in the marketplace. The median sales price for multifamily over 5 units in LA County during the first quarter was $2.15 million. It is interest

More Prospective Buyers and Sellers Coming to Terms The number of existing single-family homes available for purchase swelled to a...

Window of Stronger Buyer Demand Lifts Home Prices The median sale price of an existing single-family home surged to a record high of...

As we embark on a new year, it's crucial to analyze the economic landscape, Federal Reserve predictions, and their potential impact on...

Inflation Continues to Show Varied Trends The headline consumer price index (CPI) showed a slight uptick in July, rising by 3.2 percent...

Understanding the dynamics of job growth, interest rates, and real estate trends is essential for navigating today's complex economic...

Home purchases and prices stay on the descent. In the wake of the Federal Reserve’s fifth interest rate hike so far this year, borrowing...

After vacancies plunged to historic lows for many parts of the country in 2021, rates have trended up in the first half of 2022 as...