West

Los Angeles. Photo by Trung Pham/iStockphoto.com

Los Angeles Multifamily Report – November 2023

In line with large Western peers, L.A. underperformed in late 2023.

Tesser at Orenco Station

Portland-Area Property Commands $99M

The asset previously traded for $85 million.

Platform at Union Station is a 287-unit luxury community in Denver.

Griffis Residential Buys Denver Luxury Community for $126M

This 287-unit asset came online in 2015.

San Diego. Photo by halbergman/iStockphoto.com

San Diego Multifamily Report – November 2023

Rent growth endures, but its pace has slowed.

Alta Cooley Station is a 248-unit community in Gilbert, Ariz.

Wood Partners Sells Phoenix-Area Community for $80M

This 248-unit property came online earlier this year.

Seattle. Photo by Kevin Dudginski/iStockphoto.com

Seattle Multifamily Report – November 2023

Occupancy stayed flat over the past 12 months.

San Francisco. Photo by RichLonardo/iStockphoto.com

San Francisco Multifamily Report – November 2023

After a couple of bumpy years, the rental market is stabilizing.

Paso Robles BTR

Developer Lands $97M for California BTR Project

Built on a 17-acre parcel, the 214-unit development will be part of a master-planned community in Paso Robles.

Los Robles Apartments is a 253-unit community in Thousand Oaks, Calif.

FPA Buys LA-Area Portfolio for $171M

The properties previously traded in 2016 for $126.5 million.

Edge DTC is a 204-unit community in Denver.

Grand Peaks Lands $17M for Denver Community

The note retires a $15.9 million loan originated in 2013.