election in history." [ABC CBS NBC] • The epicenter of the coronavirus pandemic in the US showed signs of shifting to the Midwest on Thursday while Sunbelt states were hopeful that new infections and deaths were starting to decline. The COVID-19 outbreak was moving into Ohio, Kentucky, Tennessee, Missou

Competitive, Growing Markets • Invest in a diversified pool of urban and suburban developments (e.g. multifamily, single family rental) ■ Focus on Sunbelt markets with stronger demographics —job growth, in-migration, business friendly climate • Portfolio of 15-20 "bite-sized' assets (target $10-40M com

p all s • 3 Los Angelei Growth Markets • More affordable cities with strong job growth that are targets of millennial in-migration • Focus on Sunbelt cities such as Phoenix, Dallas, Orlando • Opp Zones in the South and West are geographically much larger and pose less constraint / competition for

Competitive, Growing Markets • Invest in a diversified pool of urban and suburban developments (e.g. multifamily, single family rental) ■ Focus on Sunbelt markets with stronger demographics —job growth, in-migration, business friendly climate • Portfolio of 15-20 "bite-sized' assets (target $10-40M com

p all s • 3 Los Angelei Growth Markets • More affordable cities with strong job growth that are targets of millennial in-migration • Focus on Sunbelt cities such as Phoenix, Dallas, Orlando • Opp Zones in the South and West are geographically much larger and pose less constraint / competition for

ard pressure on vacancy is projected to cause rent growth to moderate. As many major coastal markets exhibit decelerating rent growth, late-recovery Sunbelt markets are expected to take the lead. By the later years of the forecast, continued deliveries, competition with home-buying and moderating payrol

ng their base. Can Trump solidify his standing in the Rust Belt? Did the Harris campaign receive a convention bump? Can she make a late push for the Sunbelt states? AEI's Election Watch team convenes to review August's Democratic National Convention and preview the last months of the presidential campai