Demand reached nearly 68,000 units annually during Q3.

REITs may be able to refinance more easily than other borrowers.

Office properties made up about half of the market distress.

Providence and New York had the lowest vacancy rates at 2.7% and 3%.

In the post-pandemic landscape, tenants are seeing value in ready-to-use spaces.

Elevated completion timelines are keeping the construction pipeline full.

Updates on San Diego, New York, Philadelphia and Boston.

A continued housing shortage is driving multifamily.