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Is Oxnard the Next Hot Market?

LOS ANGELES—With strong economic growth and fundamentals, Oxnard is topping the short list of target markets for some investors in 2017.

Rancho Solana Rancho Solana is the most recent acquisition in Oxnard from JRK Property Holdings.

LOS ANGELES—Oxnard is moving into the radar of multifamily investors. Located in Ventura County, the Oxnard submarket has seen tremendous economic growth and strong fundamentals. JRK Property Holdings has recently purchased a 186-unit property in the market, its second major purchase in the market. We sat down with Greg Heller, VP at JRK Property Holdings, to discuss its investment strategy in the market and why Oxnard is falling on their radar. Here, Heller tells us about the economic changes in the market and why they are still bullish there in 2017.

GlobeSt.com: Tell me about the investment activity in Oxnard.

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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