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OC Multifamily Investment Trends on the Horizon

Historic apartment fundamentals, consistent rent growth and value appreciation should continue throughout the year, but we are also beginning to see a tempering of this growth, Kidder Mathews executives tell GlobeSt.com.

By Carrie Rossenfeld | carrierossenfeld | Updated on September 01, 2017

Steven Brombal Brombal: ”On the finance side, we expect to see challenges in obtaining acceptable investor-loan proceeds due to the widening gap in current and market rents.”

IRVINE, CA—Historic apartment fundamentals, consistent rent growth and value appreciation should continue throughout the year, but we are also beginning to see a tempering of this growth, Kidder Mathews executives SVP Steven Brombal and associate VP Joshua Rhee tell GlobeSt.com. The two have joined the firm’s Orange County office here, where they bring 36 years of combined multifamily brokerage and advisory experience. Prior to joining Kidder Mathews, Brombal and Rhee were with Berkadia Real Estate Advisors in Orange County; they will continue their partnership, specializing in multifamily investment properties in the Greater Orange County area.

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