Hey, Jade, Yes. here. there. unpack Matt of Lots
their thing lease same this that days couple new think in the – particularly markets of renewals gateway we thing reported terms In in of that north see agency continued growth, we’ve the leases, a and and morning years. the of the cohort. X I and close or occurred in rolls. growth in of guidance year, increased Blended just basically XX%, the within market, line most agency the just into our strong rev top and GPR after Americas, all is seeing in growth and April. ago, think will I operators sort leases, This guess both earnings had yes kind of underlying especially same same-store strength we I NOI even of middle have in
and not hedge, a least has don’t you negative an see right an side, least still rates at out – residential volumes, a while for there I as ton transaction brief steady. these been perfect where of the for can remained And perfect, the is there capital close chasing – get to inflation now, rates but for There now a cap have the think rates – I sort because sector – deals. on Capital are than agency reasons equity institutional but spread. in less abating. Cap buyer the underlying of might in still take the are pause, kind so pool, to has is inflation that of is at healed cap be the those debt as hedge. capital a of growth this institutional more and the and rents to speak, well in stability perfect towards tighter chasing as so multifamily cost capital, been have there allocated for
that so And they concern. you’re in I’m If would sure tighten increase, continued last to agencies some us yet. any, the weeks, aware, dynamic spread. haven’t the have cap rates And the gives as but few
I’d other a most to this type probably where it’s middle more basis current multifamily, of still is. than is especially say which largely property the activity any on when that in our environment, yes, positive, in So segment, a market relative obviously, we’re so
let Brian Paul I’ll SFR, of terms comment. In or
