Without Portfolio Deals, Investment Sales Volume Drops in First Half of 2016
Aug 18, 2016 |
If you noticed some slowdown in investment sales activity this year, you are correct. Well, partly.
Last year marked a banner year for capital investment in commercial real estate. But 2015 was also flush with portfolio and entity-level deals that are not easily replicable year-over-year.
“The actual flow of capital is down but still at quite an elevated level. We haven’t had the major portfolio deals of 2015. In a way, the lower volume for 2016 is not necessarily a story about a weak 2016, but an unusual 2015,” says Jim Costello, senior vice president with Real Capital Analytics (RCA), a New York City-based research firm.
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