The Allen Matkins/UCLA Anderson Forecast Commercial Real Estate Survey found that prospects for returns on multifamily housing investments in San Francisco and Silicon Valley during the coming three years look promising. All surveyed panelists in those markets, where occupancy rates are above 97 percent and rental rates are among the highest in the nation, indicated that they would begin projects within the next 12 months. About 65 percent of those surveyed in Los Angeles, where occupancy and rental rates are similar to those in See more +

The Allen Matkins/UCLA Anderson Forecast Commercial Real Estate Survey found that prospects for returns on multifamily housing investments in San Francisco and Silicon Valley during the coming three years look promising. All surveyed panelists in those markets, where occupancy rates are above 97 percent and rental rates are among the highest in the nation, indicated that they would begin projects within the next 12 months. About 65 percent of those surveyed in Los Angeles, where occupancy and rental rates are similar to those in Northern California, could begin new developments in the coming year. See less -