Heading into 2018, there may be some bright spots for the investment sales market, even as total transactions dipped last year, according to a recent report from New York City-based research firm Real Capital Analytics (RCA) and figures from research firm CoStar.
Monthly deal volume for November 2017 was down 31 percent year-over-year, with $27.9 billion in transactions, according to RCA. Only the hotel sector saw a year-over-year increase in sales volume in November at 3 percent, while the remaining core property sectors experienced double-digit declines. Industrial was the only sector that posted growth in deal volume overall year-to-date through November.
Read more...Investment Sales Took a Nose Dive before the End of the Year