Los Angeles

Financial terms of the transaction were not disclosed for the complex that for decades served as the headquarters for McDonald's until the firm's relocation last year to approximately 470,000 square feet of space at Sterling Bay's 1045 W. Randolph St. in Downtown Chicago.

People are moving from New York, Chicago and Boston to Los Angeles and Orange County, contributing to about .62% of population growth per year.

The sale of an eight-property apartment portfolio in Glendale had 25 offers before closing at $87 million.

The self-storage developer plans to build 220,000-square-foot self-storage facility, its first in Glendale.

Apartment Guide provides figures on the 50 most expensive cities to lease housing in the US, ranging from studios to three bedrooms.

Rents near college campuses are typically higher than the average multifamily rents in the market.