The sector is evolving in response to the COVID-19 crisis and long-term demographic trends still favor seniors housing overall.

By December, the city’s apartment investors were behind on $395 million in debt backed by mortgage bonds.

Michael Hackman, of Hackman Capital Partners, wants to double his entertainment property holdings by end of 2022.

The five properties include more than 1,800 units across suburban Atlanta, Baltimore and Jacksonville, Fla.

Data analytics, virtual touring and leasing, document management and other real estate tech tools continue to mature as more investors adopt them.

Even with a tick up in homeownership, the percentage of apartments that are vacant has not risen much since the pandemic began.

The deal would take the retailer through a prearranged restructuring of its debt.