MFCs aren't new, but they are a growing solution for many grocers.

The lodging sector delinquency rate dropped 41 basis points to 15.95% in March.

Lifestyle apartments also showed signs of improvement.

A "tectonic shift of capital" is coming to CRE, which could whip up valuations further.

Vacancy rates for regional and super-regional malls shot up 90 basis points in a single quarter to hit a record 11.4%.

Also, with consolidation SFRs will have a bolstered ability to absorb new flows of institutional capital without hurting return.

"If investors believe people will return to the urban core, there could be opportunities to invest ahead of that movement."

For example, demand for industrial product was also more selective and deals in general focused more on lower cost-of-living markets.