The JV will develop projects ranging from $75 million to $125 million in Southern California, South Florida and the upper Midwest

For instance, more than half of respondents said policy and regulation would impact CRE negatively.

The US counties with the largest share of homes facing high heat, drought, fire, flood and storm risk saw their populations grow from 2016-2020 due to migration.

W.P. Carey's Andrés Dallal and Joseph Mastrocola will be leading the initiative.