Multifamily: Too Much of a Good Thing?

Multifamily investment sales continue to outpace other commercial property types in terms of growth of volume year over year. Multifamily sales in the first quarter were up 33% compared to a year earlier and were up 52% in 2011 compared to 2010.

In preliminary full first quarter numbers, CoStar Group is showing nearly $ 14 billion of apartment property sales in the first quarter vs. $ 10.5 million a year ago. The segment recorded $ 64.6 billion in…
National Commercial Real Estate News From CoStar Group