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Apartment rents will finish the year high and vacancy rates low across Los Angeles County, and those gains are expected to persist into next year along with a minor building boom, according to a market tracker survey.

Growth will continue in both the San Fernando Valley and the Tri-Cities market of Burbank, Glendale and Pasadena, said the analysis from Calabasas-based Marcus & Millichap Inc., a real-estate investment services firm.

 

 

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This article was featured in an edition of AAOA Today and was hand selected by our editors as a piece of interest for American Apartment Owners Association Members.

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