Concessions hit their peak over the summer but decreased in the fourth quarter.

"Grove Central is a model for the future of development and mobility in Miami-Dade County," Miami-Dade County Mayor Daniella Levine Cava said.

SFRs offer several hedges against headline risk, including home affordability headwinds, NAV upside as a result of inflationary pressure, and short-duration leases which allow rents to reset quickly.

The case is likely to be appealed to the US Court of Appeals for the 5th Circuit.

The opportunistic vehicle is in the process of raising $500 million in capital from investors for the acquisition of independent hotels in major gateway markets.

Shipping hubs in the Midwest have the largest new supply pipelines in the US.

Most CRE managers plan to continue to use assigned workspaces instead of activity-based spaces.

Economists are predicting the fastest growth in over two decades.