The increasing cross-shopping data between the two can also explain why Walgreens and CVS are now heavily focused on building out their healthcare offerings.
"Rebounding property fundamentals and strong valuations, record sales transaction volumes, and low interest rates all fueled commercial and multifamily borrowing and lending activity that easily outpaced previous periods."
The growing ownership of large swaths of single-family rental houses by institutional investors is drawing scrutiny from Congress as big players raise rents and cut services to increase ROI.