Category: Multi-Family (Apartment)

21 Aug

The effects of a transitioning Apartment Market (Long Beach, CA) – By Appraiser Brendan Flynn

Long Beach Apartment Market and Increasing Rents (Pushing Out long term Natives) A recent article was published commenting on Downtown’s revitalization. The article outlines the concerns of native tenants regarding the affordability of local Multi-Family market rents.  The article highlights the rates paid by a long term tenant to the new normal of higher current market rental rates. The author notes a one […]