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An increasing budget deficit and more expensive debt are impacting the country’s economy.
The portfolio includes over 11,000 square feet of retail space and 126 multifamily units.
The property type might not be as flashy as Class As but they can work.
Other closings, involving another 41 properties, will take place by the June quarter.
Meanwhile, hotels are also seeing geopolitical tensions impact international travel.
States offer similar renter rights, Pulte says.
In part, this is because the quality of life in apartment rentals has improved over the years.
Permitting decreased in the Northeast and West, while increasing in the Midwest and South.
Bostic says forecasting is "maybe a bit more challenging" than previously.
Reducing investment will escalate the costs and risks of aging infrastructure.