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The portfolio consists of 30 multifamily properties throughout South Beach and Bay Harbor.
The sales are part of the REIT's larger strategy of selling off non-core assets and reinvesting the proceeds into share repurchases and development projects.
The percentage of loans with occupancy under 80% rose substantially in these markets.
The average asking price for office assets on Crexi showed a 5.13% gain over Q4 numbers.
$3.3 billion were allocated toward green bonds, $874 million in social bonds and $971 million in sustainability bonds.
In February, single-family rents grew 3.9% year-over-year, which was the strongest February in the past five years.
The transaction is one of the largest recorded in the US since the start of the pandemic and the largest construction loan in Bellevue's history.
TrueRate offers bridge lending, agency lending and other institutional debt sources, including life insurance companies.
There is the possibility that a court could decide the landlord is assisting the debt collector's violation of the rule.
At its weakest, US apartment resident retention got down to 51.1% in December 2020.