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California  + Orange County  + Apartments  | 
Apartment demand is expected to continue outpacing supply

Multifamily Booming in Orange County

Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register.

Orange County is projected to have a surplus of people seeking housing that cannot afford the costly down payment and mortgage payments of buying a home. According to researchers at CBRE, this staggering demand has pushed up rents 4% annually for the last six years, resulting in a 33% rise in rents since 2011, and demand for multifamily is expected to remain strong in Orange County.

Rent growth is likely to stay near the long-run average of 3.1% and vacancy is expected to continue trending downward, keeping Orange County well positioned through 2018 and beyond.

Since the recession, demand for multifamily in Orange County has greatly increased. Developers have delivered on average 3,200+ units per year since 2012, but it hasn’t satiated demand, with net absorption averaging more than 3,750 units per year.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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