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Rents in the sector grew 4.1% on steady demand and contraction in supply.
The parent company is currently marketing a $750 million sale-leaseback deal expected to close by year end.
Following are our picks for the year in the apartment asset class.
The Sun Belt struggles with falling prices amid construction surges.
Some 80% of all transactions over $50 million have been concentrated in 25 markets.
Conditions are even tighter when California is removed from the equation.
Positive signs are emerging including a reversal of acquisition to refinance ratios on Fannie Mae loans.
Leasing activity continues to grow while new supply is declining, signaling a shift in the office market.
The rate of foreclosure filings fell despite sharp increases in some states.
A new analysis by Cresa examines the performance of industrial landlords and tenants across 100 markets.