The Austin-based investment firm has launched a $200 million REIT with a specific focus.

The fund has just made a $500 million preferred investment in Four Springs Capital Trust.

The measure may be little more than a temporary boost for struggling renters and small landlords.

Total construction starts fell 10% to $766.3 billion in 2020.

An increased amount of capital, combined with low interest rates and increased debt financing is expected to reinvigorate investment this year.

The agreement counters an otherwise tepid distressed market.

Retail, automotive and travel are among the most distressed sectors of the US economy.

Demand is likely to increase in secondary markets as workers remain dispersed.