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BlackRock’s $1.6 billion apartment bet signals return of big multifamily deals

Investor acquires Camden Property Trust's 11-property Southern California portfolio
Included in BlackRock's portfolio purchase was this 287-unit Hollywood complex, The Camden. (CoStar)
Included in BlackRock's portfolio purchase was this 287-unit Hollywood complex, The Camden. (CoStar)
CoStar News
August 5, 2026 | 10:29 P.M.

One of the nation’s largest apartment owners has exited California with a portfolio sale to a BlackRock-managed investment vehicle.

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