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City’s multifamily market hasn’t been this slow since 2010: report

Sales activity in the city’s once high-flying multifamily market haven’t been this slow since the beginning of the decade. The city saw $2 billion worth of activity across 75 deals and 110 buildings during the first quarter of 2019, according to a report from Ariel Property Advisors. This was a 22 percent drop in dollar volume, a 43 percent drop in transaction volume and a 50 percent drop in building volume compared to the first […]

source https://therealdeal.com/2019/04/17/citys-multifamily-market-hasnt-been-this-slow-since-2010-report/

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