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More people are renting particularly in expensive cities like NYC and LA.
However, apartment rents remain flat.
But other firms are vying for the deal too.
Sales volume for office and multifamily grew, unlike retail and industrial.
Apartment rents are rising at an accelerating rate.
Investors are repurposing facilities to meet demand for 'lifestyle storage.'
Monthly tax payments spike despite falling effective rates.
High financing costs sidelined multifamily investors.
Demand for large industrial spaces sees steady growth.
Meanwhile, retail, industrial, and hotel properties posted gains.