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The 2019-2022 growth spurt was caused by low interest rates and unique circumstances.
Operational and financial hurdles are impeding capital from entering the space alone.
Urban and suburban fundamentals used to be closely correlated but that is no longer the case.
Savills offers pointers on how to handle these rough financial waters.
Rent growth goes negative in some markets amid the largest new development pipeline since the early 1970s.
The Midwest has highest percentage of homeowners, while the South has highest rental vacancy rates.
The pilot program offers tax breaks to downtown offices that convert to residential.
Deloitte forecasts a 10% decline after seeing a 23.7% spike over the past two years.
"But when you look at the long-term value trends the levered yield on CRE is hard to beat."
The fund seeks opportunities in Austin, Dallas, Nashville, Charlotte, and Salt Lake City.