But Class-A rents, upheld thus far by concessions, will likely struggle to stay aloft moving forward.
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The sale by Equity Residential brings two buyers into ownership of the Northridge Apartments in their first partnership.
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Check out this week's latest commercial real estate transactions and executive news in and around Los Angeles.
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Apartment vacancies in metro Atlanta set to dip below 5% this year to the lowest since the Great Recession.
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Ari Azarbarzin will lead Cushman & Wakefield's Baltimore-based multifamily investment sales team.
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