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It's a stable market and ripe for acquisitions, investors say.
The buyer is Public Storage.
But investors remain keen on life sciences inventory as well as medical offices.
Florida and California are facing challenges while the Midwest and Northeast experience strong growth.
It's a mixed bag of sentiments but the most of all is the understanding that change is the new norm.
It displaced Midwestern Kansas City, Mo., from the top perch.
Almost one-third of apartments now converted represent former offices.
For seven straight months it's climbed and now hit the highest level since a year ago June.
YTD rents have grown 1.9% across the country.
BTR and apartments have become more susceptible to new community openings.