There’s a lot to like about the West Coast, which has both natural advantages in terms of its ports and its geography, and man-made strengths in the form of a top-tier education system and the presence of multiple, rapidly growing technology firms.

With core assets delivering thin returns, institutional investors are looking at value-add and redevelopment opportunities.

Amherst Holdings LLC, which owns or manages about 20,000 single-family rentals, is launching a subsidiary to purchase, renovate and resell properties, combining the home-flipping business with new features to simplify the consumer experience of...

Strong demand from renters has kept up with a high pace of new construction, allaying fears of overbuilding in the market.