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The portfolio includes 93 high-quality, grocery-anchored retail properties.
Historically, hurricanes have not deterred people from living in Florida,.
The deal involved public-private partnerships with multiple agencies.
However, apartment rents remain flat.
Meanwhile, office utilization rates are below 40%.
It is the largest hotel deal in Miami this year.
The ECB may require banks to recognize unrealized losses on US assets.
But other firms are vying for the deal too.
Retail was the only CRE property type with a vacancy rate below 2019's.
Sales volume for office and multifamily grew, unlike retail and industrial.