REITs have seen an increase in development pipelines, which has created a slight uptick in development exposure in regards to the cost to complete new construction projects. (nreionline.com)
ACC has largest development pipeline of all three student housing REITs, which makes sense given the fact that it's also the largest and oldest REIT in the space. (nreionline.com)
This is happening at the same time that development pipelines for new malls and shopping centers have dried up somewhat from already low levels early in the year. (nreionline.com)