Morgan Properties has just acquired two portfolios totaling 4,724 units for $780.5 million.

The seniors housing REIT has entered into definitive agreements to acquire four portfolios for a pro rata gross investment of $1.3 billion.

Separately, the National Rental Home Council found that large investors are not exerting any kind of influence on the broader housing ecosystem.

Spreads between bond and property yields are generous enough to absorb higher long rates in the short term, Investcorp wrote.

Upgrades and renovations are underway and more action is on the horizon post-pandemic.

The transaction creates a scaled commercial mortgage REIT with a combined capital base in excess of $1.7 billion.

The portfolio comprises 328 modern supply chain and e-commerce facilities totaling 70.5 million square feet.

Its 'iBuyer' platform has led to two-thirds of the homes it listed for sale featuring an asking price below what Zillow paid.