Investment sales volume lagged in the first quarter, possibly as a result of investors’ concerns over the cost of financing.
Data from research firm CoStar indicates that investment sales dropped 10 percent year-over-year—or about $13 billion—continuing a trend from 2017. Experts had already anticipated that the first quarter might be slow. Compared to the fourth quarter, sales volume dropped 26.0 percent. The fourth quarter is typically the strongest for investment sales.
Read more...Single-Asset Sales Pick Up in the First Quarter