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Phoenix and Houston are two markets where official measures have understated inflation.
"We still believe there is a place for third-party retail despite the growth of DTC, but the balance of power has clearly shifted to leading manufacturers."
Others think the higher prices are a result of economics 101 and are here to stay for now.
"We were bullish on apartments heading into 2021, but the magnitude of the demand boom is far beyond even the most optimistic forecast."
Of those slated for construction, 42% are former office buildings.
PEG launches a capital partners fund and Banyan Residential adds to its BFR portfolio.
In Q3, industry sees new signs of recovery from the COVID-19 pandemic in assisted living, independent living, and nursing care properties.
Dodge Momentum Index gained 11% in September, overcoming summer materials pricing bumps.
Investors are capitalizing on strong rent growth in the sector.
The change is probably temporary and explained by obvious factors.