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Peninsula vacancy rate hits 34%, largest ground-up delivery arrives vacant.
The apartments feature 204 units.
They are located across six Sunbelt states.
The fund is targeting $300 million total.
It comes with a caveat for developers though.
The move aims to boost real estate management operations.
The percentage of modified CRE loans have more than doubled.
Fed officials talk about how interest rates might be higher in long term.
Western cities are the most expensive markets, led by San Francisco.
Law firms are using wellness initiatives and modern amenities to retain staff.