Fund supports further expansion of Ashcroft's Sun Belt multifamily portfolio.

But there are some clouds on the horizon.

May numbers indicate high growth, especially in Austin, Cincinnati, Seattle, and Nashville.

These trends were in place before COVID-19 gave people reason to reconsider their lifestyles.

Major markets to receive new and expanded development, particularly with outlet-style centers.

Mortgage Bankers' index remains 30 percent below pre-pandemic levels.

Small towns were the only area that posted an increase in growth.

Firm closes $100 million fund targeting housing in high-cost markets.