Infrastructure behemoth rattles residents by announcing $1.6B buy up of SoCal apartment complexes

Source: New York Post

The world’s largest asset manager just went on a California apartment-buying spree — snapping up 3,620 units for a whopping $1. 625 billion and cementing its status as SoCal’s newest mega-landlord. BlackRock acquired 11 apartment complexes in a deal announced Aug.