Multifamily

With 82% of renters reporting they want at least one smart device system in their homes, multifamily works to keep pace.

The performance was also strong in Northwest Queens.

Last November it acquired a manufactured housing portfolio for $330 million.

Early indications are that demand is weakening as absorption drivers are slowing.

Multifamily operators may find some tenants harder-pressed to pay rent.

The overall Dallas market has added nearly 201,000 units in the past 10 years.

Also, Meadow Partners is dropping a $62.5 preferred equity investment on the property.

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