HOUSTON—Despite the struggles during the last 18 months due to the drop in oil prices, value-oriented apartments continue to attract investor demand and outperform some class-A properties.

BOSTON—The UK-based private equity investment and asset management firm has topped Corbelis founder Garrett Solomon to lead its newly established American operations.

MIAMI—New York Life Real Estate Investors recently grabbed the asset.

LOS ANGELES—The investor focuses on 30- to 80-unit boutique multifamily product in markets with older buildings and pent-up demand, and it is bullish on Southern California, GlobeSt.com reports in this EXCLUSIVE story.