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Priciest Apartment Sale of Year in California's Inland Empire Reflects Pandemic-Spurred Coastal Migration

Multifamily Investors Scour Inland Area As Bargain-Seeking Tenants Drive Up Rents
The District at Grand Terrace, built in 1986, is an example of workforce housing in the Inland Empire. (CoStar)
The District at Grand Terrace, built in 1986, is an example of workforce housing in the Inland Empire. (CoStar)
CoStar News
April 9, 2021 | 7:04 P.M.

Apartment investors are active again in Southern California's Inland Empire, where renters unchained from their office buildings during the pandemic are driving east from Los Angeles and other pricey areas to look for bargains — and driving rents sky-high for existing tenants.

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