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Christopher Arvizu Arvizu: “As the median home price moves north of $700,000 and with less than 50% of Orange County residents owning their home, multifamily investors will continue to benefit from the demand for rental housing.”

IRVINE, CA—Even with ongoing multifamily development in Orange County, the market will continue to be undersupplied by approximately 40,000 apartment units over the next five years, JLL’s Christopher Arvizu tells GlobeSt.com. As we recently reported, Arvizu has joined the firm’s capital-markets team as a SVP, focusing on multifamily investment sales in Orange County and Inland Empire. We spoke with Arvizu about his new role and what investors are seeking in the multifamily market now.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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