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The company has invested $99 million in the property since 2016.
There was a high level of investor retention and new interest.
New and legacy investors oversubscribed the funding round.
"The suburban markets have been performing really well. Occupancy is doing well."
Vacancy rate has stabilized after rising for two years, while rents are expected to return to faster growth before year-end.
Increased warnings may have been a bad read on some recent economics news.
The use of SNDAs is evolving to the detriment of landlords.
High-earning households are heading out of New York and California.
California metros are gaining million-dollar homes faster than anywhere else in the US.
Multifamily CMBS delinquency was also up, but retail and lodging rates were down.