The percentage of Los Angeles properties offering concessions remained elevated in February, with 27% of properties with 25 or more units providing some level of incentives during the month — a slight rise from January's 26%. Levels at the start of this year are around their highest levels since June 2021.
Elevated Apartment Concessions in Greater Los Angeles Prevail in Early 2024
Rising Vacancy and Rent Losses in Late 2023 Keep Owners Cautious
By Ryan Patap
CoStar Analytics
March 8, 2024 | 10:29 P.M.
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