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Downtown Los Angeles is surviving its prove-it years. With several apartment projects delivering, 2017 and 2018 have been considered “prove it” years for the market. Despite the surge of new supply, the market continues to show strong multifamily absorption and rental rate growth, and in the first quarter of the year, occupancy increased nearly 5%, according to the latest report from the DCBID.

Kelsi Maree Borland

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