Alex Girda
Alex is a senior editor with Multi-Housing News and Commercial Property Executive who has more than a decade of experience in the industry. Mainly focused on data-driven exploits, he works with Yardi Matrix and CommercialEdge to provide insights into the real estate market.
Robust Development, Insatiable Demand in Seattle
The metro has been one of the strongest rental markets during the current cycle. Over the last five years, average rents have risen nearly $500 to $1,770.
LA: Affordable Housing Wanted
Continued improvement in the area’s job market and a steady household creation maintain rent growth in contrast to the nationwide cooling trend, Yardi Matrix data shows.
Sacramento Sets the Pace
Although multifamily rent gains across the country have been decelerating in recent months, Sacramento continues to outperform. The average rent across the metro was up 9 percent year-over-year as of April.
The Inland Empire Expands
Multifamily rent growth in San Bernardino and Riverside counties continued its extremely fast pace over the past year, supported by a healthy job market and moderate inventory expansion, Yardi Matrix data shows.
Yardi Matrix: Sacramento, Capital Appreciation
The only remaining U.S. metro with year-over-year rent appreciation in double figures seems unfazed by the national downward trend.
Growing South Bay Market Prompts El Segundo Deal
The multi-tenant building is fully leased and provides easy access to transportation.
Stos Acquires National City Industrial Building
The single-tenant asset will receive extensive capital improvements as the new owner looks to bank on the market’s appeal.
Meridian Sells Dialysis Clinic in Northern L.A. County
A Palmdale dialysis clinic recently traded hands, marking Meridian’s second disposition of a clinic of this kind.
High Desert Industrial Facility Completed by Stirling
The facility is already fully leased to Arden Cos. and Newell Brands.
Faris Lee Arranges Intricate Retail Deal in OC
Rancho Santa Margarita retail property called for a complicated escrow structure.