Analysts continue to forecast an attractive future for multifamily investments in Los Angeles, driven largely by economic recovery and the demographics of the millennial generation. Reports discuss the continuation of rent increases, and vacancy rates below 4 percent in parts of the metro area.

Cassidy Turley Commercial Real Estate Services reports strong investor demand and foreign capital from Canada and China. The multifamily investment sector has been the “darling” of investors over the past few years, and this trend is expected to continue as the Los Angeles population increases and residents need more places to live.

Sally Zesut, Associate Vice President of Cassidy Turley, delivered the forecast as Guest Speaker at the BHGLAAR Commercial Networking & Marketing Session on March 18, 2014. She provided important information on multifamily investment trends to the attendees. Visit BHGLAAR.com or call the Association at (310)967-8800 to learn more about BHGLAAR Commercial Real Estate Committee events.

Brian Brubaker

Chairman, BHGLAAR Commercial Committee