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RTLs are usually small in size, but they can get bundled and turned into a financial instrument.
Industry challenges meet a quick expansion in the aging population.
Expect a lot of volatility through the rest of the year, with some events possibly disrupting markets.
The new residents are moving from places that have younger and less affluent populations.
The largest industrial metros saw a vacancy increase of 202 BPs and asking rents were up 5.3%.
It's not just multifamily that is feeling pressures from construction and changes in supply.
The CRE portfolio of cities need readjusting in specific places.
There is more control over what owners and operators can do to offset costs.
It's a strategy to expand the available pools of money when there's opportunity at the door.
There's going to be downward pressure on rents and upward on vacancies for some time.