The city has a strong Tenants-in-the-Market Index, and is currently exceeding pre-COVID demand.

The two properties were purchased in partnership with California Statewide Communities Development Authority.

The seven-property, 3.4 million square-foot property is at the Southern California Logistics Centre.

The asset class is delivering a bond-like return, according to two institutional owners at the GlobeSt.com Multifamily conference this week.

Luminous Capital Management and Virtus Real Estate Capital have formed a joint venture to convert an industrial warehouse into a life science facility.

Multifamily investors are bullish on long-term rent growth for the next 18 to 24 months, according to experts at the GlobeSt.com Multifamily conference.

Many renters moved to new markets during the pandemic for better affordability and better access to homeownership.

The investment strategy will focus on properties that meet emerging needs for driverless car infrastructure, same day delivery and climate-controlled storage.