Colliers is optimistic that occupancy will rebound as upcoming product hits the market.

Over the past month alone, the asset manager has struck more than $800 million in dispositions.

The space has 289 rooms.

In the first quarter, move-outs exceeded move-ins.

The properties are 91 percent leased.

The property features 544,000 square feet of space.

The buildings span about 339,000 square feet, altogether.

Affordable transformations are expected to be a big part of the strategy.