Acquisition GuidanceAnalyst notes the company significantly decreased its acquisition guidance, signaling limited acquisition volume and potential slower earnings growth.
Regional Concentration RiskAnalyst cautions that a large portion of the portfolio focuses on Sunbelt markets, leaving many MSAs with lower expected rent growth than the national average and increasing concentration risk.
Rent Growth WeaknessAnalyst warns projected rent growth is among the weakest in the sector, with MSAs such as Atlanta and Austin potentially underperforming.