Los Angeles

Compass Acquisition Partners Welcomes New CEO

Industry veteran Lynn Owen joined the company after almost five years at TruAmerica Multifamily.

ACC, UC Riverside Break Ground on Mixed-Use Student Community

The first phase of the multi-phase North District project in Riverside, Calif., will deliver about 1,500 student beds by 2021.

Beverly Hills Luxury Project Scores $190M Loan

SHVO, Bilgili Group and Deutsche Finance will break ground on the prime 54-unit residential and retail development.

How to Prevent Cost Overruns in Multifamily Construction

Richard Lara, president & CEO of California-based RAAM Construction, explains how developers can save money and avoid delays in project deliveries.

Sunset Ridge Apartments. Image courtesy of Berkadia

Afton Properties Buys Los Angeles-Area Property for $132M

Berkadia secured $108.7 million in Freddie Mac financing for the acquisition in Lancaster, Calif.

$165M Secured for New Los Angeles Community

The newly built, 376-unit rental property was developed by Mill Creek Residential and was completed last month.

Airbnb Pledges $25M to Affordable Housing Efforts

The short-term home lodging website will invest in projects supporting, building and preserving affordable housing in California.

Multifamily Design Trends: Los Angeles vs. New York

Robert Gross of Nadel Architects discusses what differentiates the two metropolises when it comes to the design of residential communities and why starchitects are taking on multifamily projects.

Los Angeles County Community Lands $64M Fannie Mae Loan

Hunt Real Estate Capital provided the affordable financing for the 216-unit property.

Los Angeles Matrix Report Photo by choness iStockphoto.com

Los Angeles Multifamily Report – Summer 2019

Supply has yet to catch up with demand in the Los Angeles multifamily market, boosted by a combination of household formation, employment gains and high barriers to homeownership.