Retail was typically the target asset class for net lease investors, but following the pandemic, retail-occupied industrial and logistics is fast becoming a new favorite.

JLL Capital Markets arranged the loan for the recently repositioned, 123 North Wacker, on behalf of the borrower, LaSalle Investment Management's Income & Growth Fund Series.

The 14,414-unit portfolio consists of 48 apartment communities in 11 states.

Home prices jumped 10.4% year-over-year in December, increasing from the 9.5% posted in November.