OCEANSIDE, CA—A lot of institutional money is allocated specifically for Southern California multifamily assets in 2016, ARA Newmark‘s managing director Tyler Martin tells GlobeSt.com. The firm recently facilitated the sale of the Timbers Apartments, a 208-unit apartment community here, by Timbers Strata L.P. to a private-equity real estate firm in an off-market transaction. Martin and fellow director Bryan Schellinger served as advisors to both the buyer and the seller in this transaction. We spoke exclusively with Martin about the appeal of the San Diego multifamily market and what investors are looking for in Southern California multifamily in general.

GlobeSt.com: What do your clients like about the San Diego multifamily market?

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