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"As vacancy continues to compress, we expect landlords to be able to push asking rents most notably on big box buildings."

Parador is a 168-unit property built by Resmark on behalf of one of its managed funds.

The firm acquired the 52-unit property in 2015 and renovated it while preserving its historical integrity.

One Town Center is a 10-story, 191,000-square-foot office tower with 95% occupancy and strong in-place cash flow.

Fed says climate change can result in direct financial risks and bank stress testing is likely coming. Lenders can start managing those risks now.

Madison Realty Capital provided the funding, which will be used for a renovation and repositioning plan.

The combined company will have 185 open-air shopping centers comprising approximately 32 million square feet of owned gross leasable area.

Showing the massive appeal of sunbelt markets, Tampa, Phoenix and Miami posted the strongest YOY rent increases in June.