Multifamily

Category: Multifamily

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Van Nuys Multifamily Market Report

2024 | Multifamily Market Report | Van Nuys, CA

DATE January 31, 2025 / Author


Van Nuys Multifamily Market Report   Key Highlights to Know About Van Nuys Multifamily Rents are 20% below the Greater LA average, with a 1.1% annual increase outpacing the market-wide 0.8% gain. Average rents $1,791/month. The submarket expanded its inventory by 5%, with 924 units under construction, including a 208-unit projects at 6569-6581 N Van […]

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View of coastline in Orange County

2024 | Multifamily Market Report | Orange County, CA

DATE January 30, 2025 / Author


Orange County Apartment Market Report The Orange County apartment market is among the nation’s 50 major markets, is has the second lowest vacancy rate at 4.1% Absorption reached roughly 2,200 units in 2024, up from 2023 but lower than the previous decade’s annual average of 2,900 units. Demand is robust with continued job growth, improved affordability, […]

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Image of Bellflower, California for the Bellflower Multifamily Market Report

2024 | Multifamily Market Report | Bellflower, CA

DATE January 29, 2025 / Author


Bellflower Multifamily Market Report Bellflower has a varied economy with jobs in retail, food service, healthcare, and construction being some of the most common. The office sector, professional services, and roles in the education and healthcare segment also play a big part in the local job market. With residents drawn to a variety of job […]

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A photo of Downey, CA for the Downey multifamily market report

2024 | Multifamily Market Report | Downey, CA

DATE January 28, 2025 / Author


Downey Multifamily Market Report Downey has a diverse economy supported by stable job opportunities and population levels. Many Downey residents are employed in the retail, food service, healthcare, and construction sectors. Jobs in offices, education, and healthcare are also a big part of the local economy. The city’s population has stayed steady over the past […]

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Louisville & Lexington Multifamily market report with image of both cities

2024 | Multifamily Market Report | Louisville & Lexington, KY

DATE January 27, 2025 / Author


Louisville & Lexington Multifamily Market Report Multifamily Overview In 2024, multifamily sales transactions increased 155% year-over-year in Lexington and Louisville, driven by high-quality, well-leased, and value-added properties. Transaction volume reached $479M, a 232% increase YOY. Notable transactions include the $47.3 million sale of Reserve at Hamburg, the $44 million acquisition of a five-property portfolio in […]

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San Antonio skyline for the San Antonio multifamily market report

4Q24 | Multifamily Market Report | San Antonio, TX

DATE January 27, 2025 / Author


San Antonio Multifamily Market Report Key Highlights San Antonio is still experiencing population growth, with an uptick of 22,000 new residents in 2024. Its influx of residents is greater than any major U.S. city. Rent growth consistently declined throughout 2024, and noted -2.3% rent growth during the year. The metro’s population increased by 1.5% since […]

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Austin Multifamily Market Report with image of Austin, TX

4Q24 | Multifamily Market Report | Austin, TX

DATE January 24, 2025 / Author


Austin Multifamily Market Report Key Findings Higher-end Austin multifamily properties bring in more residents, due to lower average asking rents than other Sunbelt markets. The majority of new developments in Austin are made up of mid-rise properties, with this apartment style making up 40% of units underway. Private buyers have taken over transactions in Austin, […]

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Columbus Multifamily Market Report + Sales Comp with image of city

2024 | Multifamily Market Report | Columbus, OH

DATE January 22, 2025 / Author


Columbus Multifamily Market Report + Sales Comp Multifamily Overview Columbus concluded 2024 as one of the top U.S. markets for rent growth among areas with over 75,000 apartment units, with rents climbing 2.7% year-over-year. This strong performance reflects a modest pace of completions, with 5,829 units delivered in the past 12 months, 25% above the […]

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Photo of the Long Beach port for the Los Angeles County Multifamily Market Report

4Q24 | Multifamily Market Report | Los Angeles County

DATE January 17, 2025 / Author


Los Angeles County Multifamily Market Report Long Beach Long Beach, located in Los Angeles County, is a vibrant coastal city known for its bustling waterfront, diverse culture, and extensive outdoor recreational opportunities. The most common job groups are in retail sales, food service, healthcare support roles, and construction trades. Administrative positions and professional services are […]

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