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Overall, market continues to lose occupancy, driven by tenants downsizing expiring leases.
Flint, Mich., topped the list with 114% growth in high-tech wages.
Three-quarters of consumers plan to increase or maintain the frequency of their gym visits despite financial pressures.
The 344-unit portfolio was acquired by Olivetree Management and financed with $57 million in Fannie Mae loans.
Office and apartment accounted for most of the new distress in the quarter.
The gap between renting and buying has grown to roughly $1,290 per month.
As retail spaces get smaller, optimizing traffic patterns and merchandising strategies become key.
It is optimistic about long-term prospects in both categories.
In large coastal hubs, $1,500 is enough to rent a small studio apartment.
Amount of new stock coming to market will continue to decline in coming years.