With Clarion’s acquisition of Gables and a flurry of one-off deals, 2015’s first half posted sales numbers that pushed this year’s pace above the torrid run of 2006.
In the first half of 2015, $63.2 billion worth of apartments changed hands, a 37.6% increase compared with last year, according to Real Capital Analytics (RCA). The second quarter produced $29.7 billion worth of this activity, a 13% increase over 2014’s second quarter.
Read more...2015's Apartment Sales on Pace to Beat 2006 | Multifamily Executive Magazine
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