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Real Estate

Jul. 29, 2003

Apartment Investment Red Hot

BY MICHAEL GOTTLIEB CREJ Managing Editor It all boils down to the law of supply and demand. This fundamental economic barometer has sustained the state's multifamily industry during an extended jobless recovery in which single-family sales have been one of the few bright spots for the national economy because of the lowest interest rates in a half-century.

BY MICHAEL GOTTLIEB
CREJ Managing Editor

It all boils down to the law of supply and demand.

This fundamental economic barometer has sustained the state's multifamily industry during an extended jobless recovery in which single-family sales have been one of the few bright spots for the national economy because of the lowest interest rates in a half-century.

It is hard to get any brighter than Southern California's multifamily market, which is...

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