LOS ANGELES—The idea that you can rent what you want for convenience and for quality has been more prolific, say multifamily experts.

IRVINE, CA—The imminent threat of rising interest rates is encouraging both sides of the housing market to participate, but the sector will need more than that on a long-term basis to drive demand, RealtyTrac's Daren Blomquist tells GlobeSt.com <b>EXCLUSIVELY</b>.

PEARL RIVER, NY—The sale of the Pfizer campus here to Industrial Realty Group, LLC closed on Wednesday. The Los Angeles, CA-based company states its plan for the 200 acres it acquired will result in a "dynamic mixed-use, multi-tenant campus."

IRVINE, CA—Los Angeles among most in unaffordable zip codes with good schools, while Chicago, Detroit and Miami among those with the most affordable.