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Nicole Apostolos
Mar 14, 20242 min read
Elevated Apartment Concessions in Greater Los Angeles Prevail in Early 2024
Rising Vacancy and Rent Losses in Late 2023 Keep Owners Cautious By Ryan Patap CoStar Analytics March 8, 2024 | 2:29 P.M. The percentage...
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Nicole Apostolos
Mar 14, 20242 min read
Los Angeles Apartment Rents Resume Gains in Early 2024
Momentum Marks Reversal From Losses Late Last Year By Ryan Patap CoStar Analytics March 13, 2024 | 9:46 AM Los Angeles’ apartment rents...
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Nicole Apostolos
Mar 8, 20242 min read
Los Angeles Apartment Sale Tops $1.5 Million Per Unit Despite Headwinds
Luxury Utama Royale Property were bought in Westwood by Private Buyer The 18-unit luxury Utama Royale apartments at 10351 Wilshire Blvd....
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Nicole Apostolos
Mar 8, 20242 min read
Southern California Home Price Surge Outpaces Rent Growth
Homeownership Is a Negligible Risk to Apartment Demand By Jesse Gundersheim CoStar Analytics March 6, 2024 | 11:49 AM Southern California...
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Nicole Apostolos
Feb 15, 20242 min read
Private Buyers Dominate Los Angeles Multifamily Transactions in 2023
Institutional Capital Sources, in Contrast, Show Notable Restraint By Ryan Patap CoStar Analytics February 14, 2024 | 9:17 AM Private...
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Nicole Apostolos
Feb 15, 20243 min read
Contractor Files Petition To Force Sale of Graffitied Los Angeles Towers
Lendlease Calls for Involuntary Bankruptcy of Oceanwide Plaza Owner The three-tower Oceanwide Plaza project has been defaced with...
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Nicole Apostolos
Feb 2, 20246 min read
Los Angeles Public Records Show Wide Variance Among 'Mansion Tax' Payments in First Year
ULA Law Confuses Investors, Threatens Dealmaking The Fashion Institute of Design & Merchandising paid a nearly $900,000 ULA tax in what...
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Nicole Apostolos
Feb 2, 20242 min read
Southern California Project Extends Multifamily Boom Near SoFi Stadium
Texas Developer JPI Started Construction on the 222-Unit Project in Inglewood A 222-unit apartment project is under construction at 939...
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Nicole Apostolos
Jan 23, 20244 min read
Reappraisal Values Drop, New Office Loan Delinquencies Outpace Workouts, Multifamily Loan Risk Rises
A Weekly Look at the Commercial Mortgage-Backed Securities Business The 41-story EY Plaza in downtown Los Angeles, pictured center,...
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Nicole Apostolos
Jan 23, 20241 min read
Apartments Proposed for In-Demand Part of Los Angeles County
Glendale, California Home To Growing Construction Activity A property at 820 N. Central Ave. in Glendale, California, may be redeveloped...
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Nicole Apostolos
Jan 23, 20242 min read
Los Angeles Skyscraper Marks Nation's Latest Major Affordable Housing Project
35-Story Development Pitched In Hollywood Features All Affordable Units A vacant lot at at 5645 W. Fernwood Ave. may soon transform into...
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Nicole Apostolos
Jan 11, 20242 min read
Multifamily Sales Activity in the City of Los Angeles Increased in the Fourth Quarter
While an Improvement From Midyear, Activity Remains Well Below Pre-Pandemic Activity By Ryan Patap CoStar Analytics January 9, 2024 |...
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Nicole Apostolos
Jan 11, 20242 min read
Investor Plans Apartments Near Future Los Angeles Rams Practice Facility
Plans From Parkview Financial Join Growing Demand for Woodland Hills Region A two-story commercial center at 22015 Vanowen St. in Los...
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Nicole Apostolos
Jan 11, 20241 min read
Los Angeles Apartment Vacancy Flatlines in Late 2023
The Market Had Seen a Continued Rise Since Early 2022 By Ryan Patap CoStar Analytics December 29, 2023 | 7:28 AM Los Angeles apartment...
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Nicole Apostolos
Sep 15, 20232 min read
California Aims To Speed Up Affordable Housing Development With New Law
Gov. Newsom Signs Legislation To Cut Down Environmental Reviews Eleven of the nation's top 20 most expensive apartment rental markets are...
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Nicole Apostolos
Sep 15, 20232 min read
Los Angeles Apartment Rents Reach Peak in Late August
Modest Momentum Seen in 2023 Appears To Have Stalled By Ryan Patap CoStar Analytics September 13, 2023 | 1:55 P.M. Average asking rents...
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Nicole Apostolos
Sep 5, 20232 min read
Lincoln Property To Redevelop Suburban Los Angeles Office Into Apartments
Lincoln Property Company Hopes to Convert Building into 309 Apartment Units The two-story, roughly 30,000-square-foot office building at...
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Nicole Apostolos
Sep 5, 20233 min read
For First Time, Los Angeles City Council Approves Added Tax Dollars From New Property Sales Hike
Bulk of Initial $150 Million From 'Mansion Tax' To Go Toward Building Affordable Housing Los Angeles unveiled a new transfer tax in April...
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Nicole Apostolos
Aug 31, 20233 min read
For First Time, Los Angeles City Council Approves Added Tax Dollars From New Property Sales Hike
Bulk of Initial $150 Million From 'Mansion Tax' To Go Toward Building Affordable Housing Los Angeles unveiled a new transfer tax in April...
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Nicole Apostolos
Aug 31, 20231 min read
High-End Apartment Construction Dominates in Greater Los Angeles
Market Holds a Greater Percentage of Premium Projects Than Most Areas Nationally By Ryan Patap CoStar Analytics August 30, 2023 | 7:55 AM...
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