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These trends are driving a wave of relocations to the South.
Regional rent declines will vary through 2025, with Southern markets seeing relief.
Rising mortgage rates and persistent inflation will push rents higher.
The shift toward wellness prioritization is now expanding into senior living and luxury hospitality.
Everyone is concerned about high capital costs and economic uncertainty.
But transaction activity may take several quarters to bounce back.
Consumer confidence remains key in shaping these trends.
It also plans to open 60 new locations by 2027.
But they haven't translated into stabilized valuations.
Overall, national growth was sluggish.