Multifamily

Property prices grew in 24 of the 25 markets over the quarter with only New York and San Francisco showing price decreases.

Multifamily fundamentals remain solid despite a few headwinds the asset class is facing.

"If they haven't done so already, they'll take the full step in requiring their employees to be vaccinated. That will benefit those large businesses, but also benefit the landlords whose buildings are occupied by these large businesses," said a South Florida attorney.

The JV will make preferred equity investments in multifamily, student housing, and manufactured housing properties.

Rates for new homebuyers rising 67 percent faster than rents in half the leading markets, Redfin reports.

There are several factors driving this rebound.