RCA in the commercial property press:

Tampa's Multifamily Market Posts Strong First Half

Gulf Coast Business Review reports: According to Real Capital Analytics’ (RCA) recently-released US Capital Trends Mid-Year Review, 19 apartment properties sold during the first half of 2011 for a total of $435 million. Those sales represented nearly half of all commercial transaction volume in the Florida city during the same period, a statistic that the Gulf Coast Business Review cited as a sign of health for the market’s multifamily market.

Retail deals in Tampa totaled $286 million during the first six months of 2011, while office sales racked up another $187 million. Just two hotels sold during the first half of the year, totaling $15 million in transaction volume.

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Posted by: Nina Turner

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