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LOS ANGELES-The multifamily sector has continued to perform in 2013, albeit with increased competition in the marketplace—especially for quality acquisitions. With a strong few years of rent growth and price appreciation, the sector has outperformed most other property types in the recovery. Thus, more and more players have sought to capitalize on the multi-family opportunities. Many acquisitions have thus been poached. Even so, the year is closing strong with choice assets still available to savvy investors with strong business plans and the capital to back them and act quickly.

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