This is a reversal of a recent downward trend, including 79% in Q1.

The office and hotel sectors are driving much of the activity.

Some are waiting two years for generators, electrical switch gears and elevators.

These assets will be targeted with a $300 million joint venture fund.

The market may be approaching its low point, though sales data lags.

The properties are located in Florida, Indiana, Louisiana, Ohio, Oklahoma, and South Carolina.

The move represents first time the threshold has been raised since 2014.

At least another 5%-10% decline on average is reasonable, according to industry conversations.