Drive around Riverside County and signs for new apartment complexes are all over the 60, 15 and 215 freeways. Major new constructions in Beaumont and Riverside have led Riverside County to boast the third biggest year-to-year growth in apartment completions in the nation at 154.1%, according to apartment search website Rentcafe.com. Contrast that with the city of Los Angeles, where […]
Demand is high, but building new rental units isn’t profitable, developers say. By Roger Vincent Los Angeles developer Cliff Goldstein just completed a plush new apartment complex on the Westside, but that’s the last one he’s going to build for the foreseeable future. Even though demand for housing in the region is red-hot, many people […]
Ari Kahan, principal with California Landmark, will be among the featured speakers at GlobeSt.com’s multifamily conference next month—a fitting spotlight for a developer whose philosophy and practical approach have consistently shaped the Los Angeles multifamily landscape. From the outset, Kahan’s development process is rooted in clarity of purpose. “Who are we building for, and how does it […]
Family office picks up BW for highest price per unit in LA in over 3 years A Japanese family office has picked up a Brentwood multifamily building for $58.1 million, the city’s most-expensive price per unit in years, according to a broker on the deal. Famh Group acquired BW, a 78-unit apartment building at 1168 […]
Plans for a larger apartment building are also in play California Landmark Group has secured City Planning Commission approval for one of two development scenarios it is weighing for a site in Woodland Hills. On June 26, the Commission approved density bonus incentive and project compliance for a new townhome complex at 21241 W. Ventura Boulevard. Plans […]
Los Angeles multifamily landlords and tenants are girding for yet another blow on the heels of January’s historically destructive fires that tore through a city still recovering from the pandemic. The latest challenge for the city’s apartment industry comes in the form of a budget shortfall, projected to be up to $118M, that could force the local […]
By Richard BergerApril 8, 2025 The property traded at one of the area’s highest per-unit prices in more than three years. The BW, which traded Los Angeles highest per-unit sale price in more than three years. *Photo courtesy of Institutional Property Advisors Institutional Property Advisors has arranged the $58.1 million sale of The BW, a 78-unit apartment […]
Los Angeles real estate developer reveals why building apartments in LA is so challenging in 2024. Ari Kahan, who has developed over 100 properties with California Landmark Group, shares insider knowledge about LA apartment development, real estate investing, and why housing prices continue to rise in Los Angeles.
