KKR purchased The District at Scottsdale, a 332-unit property built in 2019. Since October, KKR Property Partners Americas LP bought luxury multifamily in Atlanta, Austin, Charlotte, Boston and Brooklyn.

Rates remain low and lenders of all types are bullish on the sector's fundamental strength.

This is the right time for family leaders to consider how well the business responded during the past year and what lessons could be learned.

Self-storage REITs led the way through the first six months of 2021, but retail, residential and industrial REITs also posted strong numbers.