U.S. apartment building sales have jumped to record levels, outpacing all other forms of commercial real estate.
Deals totaled $241.9 billion in the 12 months through September, up 27% from the same period in 2019, according to a RealPage Inc. analysis of data from Real Capital Analytics Inc. going back to 2001. Apartments accounted for 44% of all transactions, the most for any commercial-property type.
Read more...U.S. Apartment-Building Sales Soar to Record, With Sun Belt Driving Deals via Bloomberg
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