By Jim Costello on May 19th, 2017
Commercial property investment activity was down 25% YOY in April, a reversal of trend from March which posted 9% YOY growth, the new edition of US Capital Trends shows. A stalling in single asset sales is contributing to the weakness.
The apartment sector was the only property type to show year-over-year growth in April and that was due to one $2.85b megadeal. Retail was the worst-performing of the income-producing sectors, registering a 51% YOY decline in deal volume in April.
If you are a current RCA subscriber log into your account to download the April in Review Big Picture report and reports for the individual property types.