Description

I sit down with Sean Farag & Trey Mitchell to discuss the Long Beach and 605 Corridor markets. We talk about how both markets looked in Q1, including transactions and sales stats, how interest rates are changing the market and what we are hearing now. Long Beach Q1 Multifamily Sales Summary (10-100 Units): o 13 Transactions | $80M o Avg. Price/Unit: $275K o Avg. Price/SF: $422 605 Corridor Q1 Multifamily Sales Summary (10-100 Units): o 11 Transactions | $92M o Avg. Price/Unit: $277K o Avg. Price/SF: $368 If you would like to discuss the multifamily market, feel free to contact us anytime! •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• SUBSCRIBE TODAY!: https://bit.ly/MultifamilySoCal •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• Dan Blackwell & Team has specialized in Multifamily Investment Sales since 2008 and currently leads the Orange County Multifamily Investment Sales division for CBRE. Dan’s focus is to help investors make the most prudent business decisions with their investments. Find more great content on: Instagram: https://www.instagram.com/multifamily... LinkedIn: https://www.linkedin.com/company/mult... Facebook: https://www.facebook.com/multifamilys... Agents: Dan Blackwell Lic. CA 01854961 Email: dan.blackwell@cbre.com Phone: (949) 307-8319 For available listings, visit: http://multifamilysocal.com/listings