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Five markets account for one-third of square footage in the pipeline.
LaSalle says high-leverage buyers no longer dominate bidding and set prices.
Terravet steps forward to give veterinary property owners more options.
The Inflation Reduction Act of 2022 includes over $5 billion in funding to support commercial real estate's ongoing efforts.
Nine-building acquisition from Link Logistics brings total portfolio to more than 20 million square feet.
BTR comprises more than 15 percent of its portfolio with the latest development in Charleston, S.C.
But overall the current consumer sentiment is not favorable for buyers and sellers.
Rents increased in 87 of the nation's 100 largest cities, however rents in 80 of those increased more slowly than in 2021.
Transaction "a good indication that the market remains quite competitive for well-curated healthcare portfolios," Newmark said.
The market has been particularly attractive for those moving from New York, Los Angeles and Washington, D.C