LOS ANGELES—Investor demand for multifamily product remains strong in the Orange County market, where there is an average of five qualified offers on every multifamily deal, according to Daniel Blackwell, SVP at CBRE in the Orange County office. “These offers are coming in a matter of days. It isn't taking a month or two to get a building sold or to get offers. We are seeing that happen very quickly,” he says.

We sat down with Blackwell at RealShare Apartments for an exclusive interview to talk about the Orange County multifamily market. While he confirms that the market is still very active—supporting the expectation for another record-breaking year in multifamily sales volumes—Blackwell says that buyers are becoming more selective. He also gives us some insight on what his clients are asking for in today's market and how the market has changed since last year. Press play to hear more.

LOS ANGELES—Investor demand for multifamily product remains strong in the Orange County market, where there is an average of five qualified offers on every multifamily deal, according to Daniel Blackwell, SVP at CBRE in the Orange County office. “These offers are coming in a matter of days. It isn't taking a month or two to get a building sold or to get offers. We are seeing that happen very quickly,” he says.

We sat down with Blackwell at RealShare Apartments for an exclusive interview to talk about the Orange County multifamily market. While he confirms that the market is still very active—supporting the expectation for another record-breaking year in multifamily sales volumes—Blackwell says that buyers are becoming more selective. He also gives us some insight on what his clients are asking for in today's market and how the market has changed since last year. Press play to hear more.