From DTLA to Marina Del Rey, Los Angeles has a micro-market for every demographic, and it is a big draw for institutional investors.

Multifamily properties were the hottest transactional asset type during the first half of 2017 snagging a 41% market share of New York City's volume, with 104 transactions involving 122 properties for an aggregate dollar volume of $1.27 billion.

“The sale also shows that Baltimore continues to attract institutional interest and urban mixed-use has become the most attractive food group.”

This deal marks Emma Capital's first Central Florida acquisition.