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"My advice for the next generation would be to become self-aware, determined and cultivate personal strengths, constantly evolve, and always show up 100%, provide more value than you receive, and demand equality at every turn."

While owners of lower B and C apartments might be struggling now, there are many tailwinds behind rental housing.

While owners haven't been forced to sell like they were during the Global Financial Crisis, income challenges may prompt dispositions in some sectors.

Rent growth has even been sluggish in cities where it was positive.

As vacancies increased, asking rents rose 0.2%.

The pandemic has highlighted the strengths of freestanding retailers, but net lease office is also strong.

Office leasing activity was up 57% in October over the previous month, thanks to four large leases.

The two firms formed a joint venture, which will begin with ownership of four in-progress university-based research and innovation developments.