Redevelopment is in the plans for one of the properties.

Occupancy of the shopping center is 98.6 percent.

Fundamentals in the area matter.

Recently, the JV spent $18 million on renovations.

The addition boosts its Texas and Sunbelt footprint.

Most of the properties are in the Sunbelt.

The project will feature 191 units.

"Things slowed down tremendously," James Koman said.