It will, however, be important to pay attention to the policies coming out of Washington D.C.

The portfolio includes buildings in Arizona and and Nevada

The performance was also strong in Northwest Queens.

Still, Vacancies dropped by six basis points in the fourth quarter.

It was a mixed bag for the state's capital.

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

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.