The newest report from New York City-based Real Capital Analytics (RCA) shows that November continued the sales growth trend that most expected, pointing to a stirring finish to the year.
Multifamily sales topped out at $5.5 billion in November, marking a 19 percent increase year-over-year. But it’s worth considering that $1.7 billion of that total was portfolio sales, with American Campus Communities’ $863 million student housing portfolio purchase leading the way.
Read more...Apartment Sales Finish Strong in 2012 - Apartment Trends - Multifamily Executive Magazine
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