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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.

Attractions include immersive venues, VR playgrounds, and TikTok creators hawking goods.

These non-core assets have more than $8.3 billion in recapitalization needs, GSA says.