Insights

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, […]

Opportunities in Orange County’s Multifamily Market About Orange County Orange County attracts a diverse spectrum of national and local investors. The solid job market and population growth both contribute to its reputation for high-quality living. Unemployment rate is around 4%, trending below the California state average. Population growth stands at around 0.4% and is expected […]

Orange County Industrial | Understanding Vacancy Trends & Lease Negotiations Orange County’s industrial market has long been recognized for its resilience and strong performance, yet recent shifts indicate a notable change in dynamics. The expansion of space availability, coupled with cooling tenant demand, suggests a shift towards a more balanced market landscape.   Orange County […]

Q4 Orange County Retail Market Report Market Overview Orange County’s shopping centers, restaurants, and regional malls benefit from a high-income consumer base, a thriving tourism industry, and an expanding economy. Walt Disney Company is the largest employer in the market, with over 35,000 local workers. The University of California, Irvine (UCI) is the second-largest employer, […]

Orange County, CA Retail Market Report Market Overview An affluent customer base, a thriving tourism industry, and a low unemployment rate are driving strong and consistent demand for Orange County’s prominent regional malls, shopping centers, and neighborhood restaurants. The availability of retail building space has dropped to its lowest point in over a decade. Many […]

Los Angeles and Orange County, CA Retail Market Report Orange County Market Overview The retail market in Orange County is characterized by a strong consumer base, a thriving tourism industry, and a low unemployment rate, which has driven robust demand for regional malls, neighborhood restaurants, and shopping centers. The availability of retail space has reached […]

Orange County Multifamily Market Report Market Overview Orange County’s multifamily market shines with its historically low apartment vacancy rates. Although there was a temporary decline in occupancy, the market is now witnessing a rebound in demand. The recent completion of new apartment buildings, particularly in areas like Irvine, has expanded housing options for high-income renters, […]

Orange County Multifamily Market Report Market Overview Since mid-2022, multifamily development has slowed significantly within the Orange County area. A slew of economic concerns, including ongoing inflation, rising interest rates, and some of the highest average rents in the country, are stifling new multifamily construction. Though average rents are much higher than the rest of […]

Multifamily Market Overview Orange County, CA As of Q2 2022, Orange County’s rent growth of 8.7 percent year-over-year remains among the highest in California. Vacancy is trending near its historic low at 2.5 percent as residents seek out affordable living options that are increasingly hard to come by. Demand has moderated notably, and is most […]