...The multi-family sector, meanwhile, has seen occupancy and rental rates on the upswing throughout the local region... ...The 2012 Casden Multifamily Forecast released in April by USC's Lusk Center for Real Estate, states that higher demand for rental units, dwindling supply and improved macroeconomic conditions are boosting asking rents, reducing or eliminating concessions and filling up units... For the full article, see the link below:
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- Long Beach Business Journal: Real Estate Markets Moving in 'Solid' Direction as Recovery Continues