LOS ANGELES—It looks like multifamily in the North L.A. and Ventura market is poised for another strong year, according to Jim Fisher, a principal in Lee & Associates‘ L.A. North/Ventura office. As we count down to the end of the year, we sat down with Fisher to talk about the L.A. multifamily market and his markets specifically. With cheap capital, low vacancy rates and climbing rents, he expects multifamily to experience a strong 2015.

“The L.A. multifamily market is very healthy. The major trends when you look at multifamily are pretty much the same across the board,” Fisher tells GlobeSt.com. “There is low cost of capital, and people are enjoying low interest rates and rent growth. People think this is a good time to transact because capital is cheap, interest rates are low and cap rates are very low. This is a good time to be a seller.”

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