However, the National Association of Realtors' Lawrence Yun says sales are still below year-ago levels due mainly to limited inventory.

NewSchool, design institute, local universities, design firms and real estate developers band together to reinvent Downtown National City with sustainable designs aimed to stimulate economic revitalization.

Multifamily sales activity has declined slightly in the Pasadena market, but experts say interest remains strong and cap rates are expected to increase next year.

"These program elements are no longer just an amenity."