DFW ranks fourth for U.S. commercial property investment at 2020 midpoint via Dallas Morning News

The Dallas-Fort Worth area ranked fourth nationally for total real estate investment at midyear.

Property market investment in North Texas totaled about $23 billion for the 12-month period ending in June, according to researchers at CBRE and Real Capital Analytics.

That’s down 7.5% from the previous year because of the COVID-19 pandemic.

But the year-over-year decline in investment in North Texas was tiny compared to the almost 70% drop nationwide for properties such as offices, apartments, hotels, shopping centers and industrial buildings.

Read more...Dallas-Fort Worth ranks fourth for U.S. commercial property investment at 2020 midpoint via Dallas Morning News