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The acquisition adds four cold storage facilities along the US East and Gulf Coasts, including nearly 38M cubic feet and over 113,000 pallet positions.
In the past 10 years, NAR reported that this demographic saw a $2.1 trillion surge.
Americans have been competing for a limited number of homes in 2022, trying to get ahead of rising mortgage rates.
The Dodge Momentum Index recovery shows the sector's resiliency while facing higher prices and labor shortages.
Property volume availability not satisfying investors or tenants.
Key metros and big cities are flooded with renters as urban demand spikes, RentCafe reported.
The new venture to acquire higher price-point single-family rental homes in premium locations.
Bipartisan lawmakers introduce affordable housing legislation, leading housing advocacy groups reported.
The newly formed venture comprises 31 logistics assets located in infill locations in high-growth markets.
The pandemic-led program is supporting those in need and helping to avoid evictions.