Los Angeles

Irvine has the fastest growing baby boomer population in the state, while San Francisco has the biggest population.

The biggest gainer within the top 10 cities was Midtown Manhattan in New York City, which climbed to the fourth most expensive market this year from the sixth last year.

The two firms will recapitalize 520 Broadway, a creative office building in Downtown Santa Monica.

Despite significant new apartment deliveries in Los Angeles, the vacancy rate has increased nominally and rents have remained at all-time highs.

Online grocery sales are driving an increased need for cold storage facilities, and so far, California is leading the nation.

Materials and labor are the main driver of rising construction costs, and they are likely to continue to climb this year.

The new interest-only loan replaces a loan maturing in December and totals $1.515 billion with a five-year term.

An entity formed by two private sources invested $50,000 per unit in the apartment complex.