A November report assessed the value of the building at $896 million.

The category improved by 1.8 percentage points from last year to 95.5 percent

The portfolio covers more than 1.25 million rentable square feet and over 9,700 units.

The city ranks first among the 25 hotel markets in the nation for occupancy and rates.

This marks the REIT's third investment in the metro area.

Welltower will get control of NorthStar's 40 senior housing communities.

The deal is for over 55,000 square feet of space.

Rents hit a "high" of $36.34 per square foot full service, according to Savills.