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As the year ends, Faropoint and McDonald Development remain active in buying and selling.
Rents on 10x10 climate-controlled units are projected to end 2021 with 8% growth.
Rents were up 10.9% year over year in October while annual rent growth is more than three times that of a year earlier.
The properties were purchased from two different sellers.
The acquisition adds 14 medical office facilities in 11 markets to the REIT's portfolio.
Redfin reported rents jumped 7% in a month, up 21% From 2020.
A survey by Allied and Zillow shows Florida, Texas and California as top destinations.
The purchase marks KREST's first acquisition of core healthcare real estate assets.
A new survey shows that 92% of CRE firms globally have programs or initiatives to improve DEI.
The former executive team of Monogram REIT makes a major re-entry into residential.