Globest Sectors

The firm closed a record-breaking $70 million in the last 30 days, and is also on track to break an annual record.

Since 2018, the Downtown Los Angeles submarket has delivered 5,000 of the nearly 10,000 total units built in the market.

Some 80% of apartment residents say they visited a property website before renting and most Millennials are laser-focused on location, amenities, lifestyle, pricing and ease of doing business.

Rockefeller Group, a national owner and developer of real estate, has topped out its first luxury residential tower called the Rose Hill located at 30 E29th Street in the NoMad submarket.

A joint venture between AEW Capital Management and North Sea Capital Advisors sells the 200,000-square-foot property.

The local investor buys a recently renovated 24-unit luxury apartment building for $20.6 million.

"'Mission' is the mission," says KeyBank Real Estate Capital SVP Dirk Falardeau as he breaks it all down for GlobeSt.com readers.

The transaction serves as the firm's largest real estate portfolio acquisition to date.