Operating company investment specialist, John Kropke has been appointed to lead and rebuild Principal Global Investors' US and European real estate operating capabilities as managing director.

First & Sixth Apartments was completed last year with 20% of its units affordable in response to the lack of low-income housing in Miami.

The end to supplemental payments and a rising number of Covid-19 infections could knock multifamily down a few notches.

The key word in JLL's economic projection is uncertainty—about the pandemic and how the government will react to it.