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Extra efficiency is little comfort if the results are worse than before.
The deals include seven existing and new firms.
Luxury resort mega-project aims to open in time for 2028 Olympics in L.A.
Middle-market assets have maintained deal flow despite high interest rates, thanks to cap-rate stability over the last four years.
They will be developed across five undisclosed states.
But JPMorgan economists only see a 35% chance of a recession.
"Obviously I wanted to shake things up."
New York, Dallas and Austin are the top three markets for new deliveries.
Of the top 10 metros with the biggest increase in inventory, four were in Florida.
Jobs flowed out of cities during the pandemic, and they may not be moving back.