Globest Sectors

The 36-story, mixed-use project in St. Petersburg, FL will include 357 units, a 172-key hotel and 6,800 square feet of ground-floor retail space.

The REIT has purchased a newly-constructed, luxury, lakefront community in a northern suburb of Orlando, FL.

"Being able to prepare and adapt to catastrophic events makes you both mental tough and financially prepared," says Grant Greenspan of Kaufman Organization.

Asking rents rose 16.7% year over year for March, while monthly mortgage payments jumped 34%.

After weeks of increases, Kastle's 10-city occupancy average dips below 43%, with drops in half the markets surveyed.

Cap rates will likely hold due to large mark-to-market increases from quarter to quarter, CEO Hamid Moghadam said.

The National Multifamily Housing Council warns of a problem, but the extent isn't clear.

These investors will be increasingly focused on multifamily, life science, and industrial assets.