
TOP 5 MULTIFAMILY DELIVERIES IN LOS ANGELES
Although Los Angeles wasn’t among the top 5 markets for multifamily deliveries in 2019, developers were expected to complete a record number of units this year, according to Yardi Matrix data. But as California remains under lockdown, uncertainty defines development activity in the West Coast state. However, before the coronavirus outbreak hit the U.S., developers delivered five communities totaling 666 units in the first quarter, a significant decrease compared to the 1,860 apartments that came online in the first quarter of 2019.