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The average rental price in February was $3,791, a 3% decrease from January numbers and a decline of 13.5% year-over-year.
While a now-improving economy might suggest that the worst is behind us for missed rent payments, there's still some downside risk.
Many investors see self-storage as an opportunity for diversification.
Jacksonville, Austin and Charlotte lead the way in gains.
The fund will originate floating-rate first mortgage whole loans secured for CRE.
These workers are highly-educated, high-earning, and on the precipice of settling down at a median age of 32.
The REIT also inked its first $2.8 billion revolving credit facility and sustainability-linked loan.
One landlord says his tenants are moving away from the strategy.
As health systems work to compete to attract and retain patients, convenience has become even more critical.
A "special area plan" is a zoning process in Miami 21 that allows a developer that assembles over nine acres of land to apply for the right to build at much greater height and density than would otherwise be allowed.