Demand and occupancy weakened — but supply trends look favorable.

The AvalonBay-Equity Residential merger shows public equity repricing core apartment portfolios at above 6%, while private deals still trade in the 4s and 5s.

Speakers say capital is available but fewer deals meet today's stricter investment criteria.

Foot traffic in May ticked up year-over-year for the first time in more than 12 months, as downtowns benefit from commuter and social routines while malls chase event spikes.