Multifamily anchored a rebound in investment sales in Los Angeles last year, as industrial fundamentals wobbled and office pricing splintered by submarket. Overall deal activity across the city rose 11.1 percent last year, while dollar volume climbed 21.8 percent from 2024, the Los Angeles Business Journal reported, citing Avison Young. There were 557 multifamily trades, valued at $6.5 billion, marking a 30.8 percent jump in dollar volume from 2024. Rents are flat, but buying a home has become less affordable for Californians, despite stabilizing prices, because incomes haven’t kept pace, according to the Legislative Analyst’s Office. That means more would-be […]
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