"The risk is that you end up behind the curve and you have to tighten policy more quickly than you'd prefer."

The 187,884-square-foot portfolio includes properties ranging from 4,000 square feet to 26,000 square feet.

While vacancy rose by 20 basis points to 4.7% in the quarter, the average rent rose 0.4%.

The agreement gives GPM flexibility in its growth strategy.

The fresh capital retired Paramount Group's preferred equity stake.

"There will be a point that not taking into account climate risk could be taken as negligence."

Generally, these fixed-rate 20- or 30-year loans offer interest rates in the 5% to 6% range.

Ghost kitchens can help activate restaurant space, but there are questions about what situations are best.