Meanwhile construction costs continue to rise, as do industrial rents and e-commerce-fueled demand.

Once considered the most resilient retail segment, restaurants have been devastated by the pandemic, but ghost kitchens are creating new opportunities.

With the purchase of the Staybridge Suites Cathedral City Palm Springs, the hotel operator expands into California.

Blackfin Real Estate Investors and a fund managed by Clarion Partners LLC have purchased a recently-updated, 444-unit apartment community in Manassas, VA.