King Street Capital Management, Alberta Investment Management Corp. and a sovereign wealth fund are working with East End Studios to acquire and develop class-A production studios.

In some markets, there was a looming supply bubble, but the pandemic put those concerns to bed.

The 37,000-acre community will feature 100,000 homes housing 300,000 residents and 55 million square feet of commercial development.

Worthe Real Estate Group and Stockbridge will acquire the 32-acre Ranch Lot in Burbank with plans to invest $500 million to redevelop the site.

Michael H. Zaransky, founder and managing principal of MZ Capital Partners, explains how his firm has found a niche in developing high quality rental housing nationally in this podcast.

When you look at the trends, "it is hard to see why multifamily wouldn't be a booming asset class," says Mike Procopio, CEO of The Procopio Companies.

The class-A property is leased to Live Nation and the US Postal Service, the building's only two occupants.

There likely won't be another spike in rents, but rent growth is likely to persist for the long-term.