Disclaimer: All information contained herein is obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only. We make no claim(s) as to the accuracy or reliability of the information presented. If you wish for us to analyze your specific property or situation please feel free to call or email us anytime.


Here's What's Happening In The Market, Here’s What This Means For You

Green Street: Commercial Property Pricing Drops 15% in March from a Year Ago https://link.socalmultifamilybroker.com/DIwW

“It’s about time”: Landlords react to end of LA County moratorium https://link.socalmultifamilybroker.com/DIwy

CRE Has Seen Credit Tighten. Will It Spread to the Other Businesses? https://link.socalmultifamilybroker.com/DIw_

Apartment Demand and New Lease Rent Growth on the Rebound https://link.socalmultifamilybroker.com/DIx2

CRE Debt Maturities and Investor Preparation https://link.socalmultifamilybroker.com/DIyE

Office CMBS Delinquencies Rise While the Overall Rate Falls https://link.socalmultifamilybroker.com/DJ3z

Apartment Vacancies In California Rise, Pushing Down Rents https://link.socalmultifamilybroker.com/DJmR

Office, Retail Valuations Face 40% Drop https://link.socalmultifamilybroker.com/DJoS

Corporate Bankruptcies Rose Dramatically in Q1 https://link.socalmultifamilybroker.com/DJp1

Office Owners Face Financing Dilemma https://link.socalmultifamilybroker.com/DJr6

Analysts: CRE Facing “Typical Down Cycle” Rather Than a Crash https://link.socalmultifamilybroker.com/DJrF 

CoStar: The Next 90 Days are Critical for Multifamily https://link.socalmultifamilybroker.com/DJrR

CRE Debt Problem To Get Worse Through 2027 https://link.socalmultifamilybroker.com/DK11

California Apartment Vacancies Near 2-Year High As Rents Slip 3.5% From Peak https://link.socalmultifamilybroker.com/DKZa

Consumers Expectations of Short-Term Inflation Rise https://link.socalmultifamilybroker.com/DKu-

What Will the Fed Make of the Softening Job Market? https://link.socalmultifamilybroker.com/DKuz

Biggest CMBS Loans Sent to Special Servicing in March https://link.socalmultifamilybroker.com/DNB4

Fed Projects Mild Recession in 2023 Due to Banking Crisis https://link.socalmultifamilybroker.com/DNBJ

Multifamily Owners Squeezed as Values Drop 20% https://link.socalmultifamilybroker.com/DNJF

The Tax Consequences of Handing the Keys Back to Your Lender https://link.socalmultifamilybroker.com/DNJI

Asking Prices Drop Nearly 5% in March While Cap Rate Rise https://link.socalmultifamilybroker.com/DNSX

A Breakdown of Lenders That Hold CRE Debt https://link.socalmultifamilybroker.com/DNTD

Asking Prices Drop Nearly 5% in March While Cap Rate Rise https://link.socalmultifamilybroker.com/DNTK

The Fed Finally Admits to a 'Mild' Recession https://link.socalmultifamilybroker.com/DO0g

Office Vacancy Data Now Worse Than During Great Recession https://link.socalmultifamilybroker.com/DO0r

Survey: 70% Of Americans Are Stressed Over Their Personal Finances https://link.socalmultifamilybroker.com/DO27

Orange County

11
Closed Sales Last Week
25
Closed Sales - Average Days on Market
$1,629,318
Closed Sales - Average Sales Price
6
Transactions Sold At or Above Asking Price
8
Financed Transactions Last Week
3
All Cash Transactions Last Week
8
2-4 Unit Transactions Last Week
3
5+ Unit Transactions Last Week
15
New Listings Last Week
8
Months of Inventory
163
Total Number of Active Listings
$627,264,478
Active Listings, Dollar Volume
7
Active Under Contract Last Week
3
Pending Listings Last Week
2
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.44%
Avg. Gross Rent Multiplier: 14.92

Live MLS Link PDF Link


Southern California

5
Closed Sales Last Week
80
Closed Sales - Average Days on Market
$1,761,040
Closed Sales - Average Sales Price
3
Transactions Sold At or Above Asking Price
5
Financed Transactions Last Week
0
All Cash Transactions Last Week
4
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week
12
New Listings Last Week
9
Months of Inventory
111
Total Number of Active Listings
$266,251,519
Active Listings, Dollar Volume
2
Active Under Contract Last Week
4
Pending Listings Last Week
1
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.63%
Avg. Gross Rent Multiplier: 14.37

Live MLS Link PDF Link