STATE OF LOS ANGELES MULTIFAMILY: HOW ARE MULTIFAMILY OWNERS AND INVESTORS MOVING FORWARD?

Multifamily is traditionally considered a stable investment. However, with record unemployment rates, Los Angeles has found itself in very uncertain times. Rising joblessness and anxious capital have placed most of the market at a virtual standstill.

Deals are not off the table though, funds are being raised, and some capital is still flowing. As we move towards a future post coronavirus, market leaders are placing their bets. Where are investors looking to help them weather the current crisis, or even come out the other side stronger?

Robin Potts, Canyon Partners’ Co-Head of Real Estate Investments, and Henry Manoucheri, Chairman & CEO of Universe Holdings, both prominent investors in the region, join us to discuss their vision for the future in LA multifamily.