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The Midwest has highest percentage of homeowners, while the South has highest rental vacancy rates.
The pilot program offers tax breaks to downtown offices that convert to residential.
Deloitte forecasts a 10% decline after seeing a 23.7% spike over the past two years.
"But when you look at the long-term value trends the levered yield on CRE is hard to beat."
The fund seeks opportunities in Austin, Dallas, Nashville, Charlotte, and Salt Lake City.
Luxury retail will also take a hit, according to Moodys.
A study of Publix grocery stores in Florida showed potentially differing risk profiles.
Census says developers need nearly six weeks longer to build a single-family house than the average completion time in 2021.
The retailer will use the net proceeds in part to pay down debt on its asset-based lending revolving credit facility.
Eight months ago, it closed an industrial core-plus fund at an oversubscribed $3 billion.