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Spike in New Deliveries Threatens Downtown LA Performance

Supply may be Too Much to Handle

By Bill Kitchens | Monday, September 18, 2017

Downtown Los Angeles Apartments

 

 

Apartment construction in Downtown Los Angeles has been rising significantly, with inventory slated to grow 11.2% in the next 12 months.

This rate of apartment construction, however, is weakening performance fundamentals for Los Angeles apartments, as the Downtown submarket tries to absorb all these new units. 

Click here to read the full report on Downtown Los Angeles apartments.

Bill Kitchens

Bill Kitchens

Market Analyst

Bill Kitchens is a Market Analyst with RealPage. Prior to joining RealPage, he spent two years with a management consulting firm specializing in executive search, board consulting and leadership strategy services. He holds a bachelors and masters in economics from the University of Texas at Dallas.

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