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The Essential Drivers of the South Bay Multifamily Market

The South Bay multifamily market is seeing tremendous activity, thanks to surrounding growth from the Hollywood Park development and port activity.

By Kelsi Maree Borland | Updated on January 08, 2018

Michael McKinney Michael McKinney

The South Bay multifamily market is seeing tremendous investment, thanks to surrounding growth from the Hollywood Park development, the expansion of LAX and port activity. Additionally, more aerospace jobs are coming to the area, creating strong demand. The South Bay, however, has its challenges. The lack of investment product and rising interest rates have pushed some investors out of the market. Michael McKinney is a South Bay expert and recently signed on with CBRE as first VP. We sat down with him for an exclusive interview to talk about the South Bay multifamily market and the forecast for the year ahead.

GlobeSt.com: What are some of the major drivers of the South Bay market?

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