In this edition of our Market Brief, we focus on Los Angeles, ranked #14 in the 2025 Best World Cities report. As the city prepares for the 2026 FIFA World Cup and 2028 Olympics, major infrastructure and cultural investments are shaping its future.
The multifamily market, however, faces shifting dynamics. Apartment investment in LA has declined, with new construction at record lows. Downtown LA remains a hub for development, bolstered by adaptive reuse, though high vacancies persist. In contrast, South LA is emerging as a high-growth submarket, fueled by transit expansions and institutional investments.
We also include a review of the associated multifamily performance metrics, across the US, Metro Los Angeles, Downtown and South LA submarkets.
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