Southeast

A spokesperson expects a deal to close in April after the loan hit special servicing last month.

CVS, Walgreens, and Big Lots have been closing locations in the city.

The city is expected to be among the top three markets for rent growth this year.

The company is looking to provide construction loans and permanent below-market loans.

It includes two brands, which will offer a mix of residential, hotel, and retail space.

Some 65% of investors plan to moderately expand their multifamily portfolios this year.

Both multifamily owners and investors see benefits and cost-savings of high-speed fiber-optic internet for properties.

Occupancy and demand improved but could contract at the end of the year.