Office Rents Rising, But Multifamily Dominates Development In OC And LA
January 9, 2017

Office Rents Rising, But Multifamily Dominates Development In OC And LA

The multifamily and office markets appear to be healthy in both LA and the OC, though the two markets have their differences and OC is lagging about a year behind its larger neighbor.

Parker Properties managing member Russ Parker (second from left) said the OC market "seems to be at least a year behind LA." LA "is starting to experience anemia" even as Orange County starts to take off, he said at our…

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McShane (1.9.17) OC PO 11282
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7 Hotels Opened In The OC Last Year With More To Come

Hotel development was big in Orange County in 2016 and even more hotels are expected this year. Seven hotels opened, of which four were in the Anaheim Resort District, according to Irvine's Atlas Hospitality Group. A total of 19 hotels sold last…

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New Arcadia Logistics Center To Be Built With $65M Loan

Aliso Viejo's Keystone Mortgage Corp just closed on a $69M construction loan for Yellow Iron Investments to build the Arcadia Logistics Center. Arcadia Logistics Center will consist of a state-of-the-art industrial facility on 82 acres in Arcadia, which is the…

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Apartment Rents Declined The Most In These Cities Last Year

As both Millennials and older, wealthier Americans continue to favor renting to homeownership, high-end luxury apartments have flooded the market, while very few affordable apartments have come online. Yardi's Jack Kern told Bisnow the divide in supply between Class-A and Class-B apartments will persist well into 2017.

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Brixmor Property Group
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