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In fact, rents for March are in positive territory.

Strengthening fundamentals and pent-up investor demand are driving higher sales volume.

Plus, W&D has been hearing more chatter about potential deals involving larger portfolios.

The need for workforce housing supports the sector’s demand, says Arbor.

But results have been mixed.

Multifamily construction was mostly negative across the largest segment of the market.

Eastdil Secured is marketing the property.

The firm plans to target the residential and industrial sectors on the West Coast and in Texas.