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The United States added nearly 2.2 million people in large metros last year.
While there has been a spike in store closures, these spaces will attract backfilling.
Over $300B of mortgages and loans for small businesses and CRE projects could be at stake.
Rentership is much higher in pricey coastal markets.
The national self-storage inventory now exceeds 2 billion square feet.
Rents have been declining for nearly two years in the top 50 metros.
Retail closures are expected to free up 140 million square feet of space.
Bond investors anticipate inflationary response to Trump policies.
Five markets recorded excess demand exceeding 3,000 units.
Some 65% of investors plan to moderately expand their multifamily portfolios this year.