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Rent averages are trending downward and employment growth is softening considerably, while both investment and supply are still down
Tenants of certain Santa Clarita apartment complexes from 2014-2022 are entitled to reimbursement of illegally collected late fees, according to a class action lawsuit.
The luxury asset is located in downtown San Jose. Archway Equities and Virtú Investments have acquired an asset in San Jose, Calif.
The deal is 2023’s largest SoCal transaction to date. Archway Equities has acquired a Southern California community, The Paseos at Montclair North, from 4914 Olive Street Properties LLC.
Sale of 358-unit Paseos property marks the largest multifamily deal this year in Southern California.