you, welcome the and to call. Thank
George some to for few results, want our I on it color Ryan time to I turn spend some around over a and Before topics.
is environment. current operating The the first
transaction state second environment. of the the is The
allocation. capital we're thinking The is about third how
We in markets still new basis around concessions. are seeing with occupancy Nashville in are a strong on are suppliers our and and where on absorption are absent band blended tight Fundamentals the higher requiring and rent weighing growth XX%. Dallas
anticipating. New impact supply we've been isn't an above what adverse having
what the during While on are others still these trends we are new blended industry positive and about we're leases. achieved not basis, the a more in where are increases seeing pandemic growth, on but heading rent cautious we
toughest be facing will the growth. into consideration our process. We right is during this operational XXXX we're taking budgeting now expense challenge Unfortunately,
we but doing control. having can We estate are where can of is not certainly expense Along inflation categories. an inflationary costs impact is in taxes, a we controlling most something real good job that headwind with
but been rates not-too-distant but increase a insurance capital that in this issues. a developers noted owners very are experiencing or had case. buyers a We us.
I XXXX the even to for believe moderate lot with policy, future. space work, investments, more bridge year issues, costs looking equity, the are maturities been I opportunities to aren't any been in policies coming will quarter retrades. have preferred as facing insurance private also CapEx that the recall. debt cash. we owners on in there we incurring transaction has What due quiet to that last have transact master These individual rate with where up transactions, right patient mainly market really and rescue read-throughs to swaps, kind expiring sell loans we interest and new cap to have capital still the can should as into that put is and all of are be be sellers for there and/or seen believe That's the There rolling decision to on sell those plus year-over-year needed of we long-term ever in allocated is We've
in the buying the share efforts more accretive pursuing alone, to trends on we maturities that All allocate balance our be even the near in allocation real the these these disposition advantage capital aggressive conscious be and on more opportunities. share an term.
In on of AFFO term in we with a intermediate repurchases. competitive May XXXX, term, our argue will types sheet announcing in Since of Where basis. have no proceeds patience of repurchases. yield available to in with is near we Based shares liquidity would made we're expect back
total today's $XX.XX. as them. We a will buying and over of years being shares lot on a on come a past estate of repurchases assets would capital focused and of holes team, per valuations. and for all properties allocation other and weighted million well We properties a Heavy months, we view management the average a yield purchased taking weren't consolidating several cost have and as share last our seen return.
Real avoided cleaning cycles highest we By up investment of the to that we $XX.X go, as of have longer-term sheet. underwater over our have and XXX,XXX believe translated ownership long-term control the share X selling alternatives balance
there it under believe the are pulled coming take opportunities again view fewer environment by stress, please building XXXX. operators be this longer-term from being we'll take are more here. new that As ready.
George, would developers, puts in we some permits and We
