CRE Transaction Activity Trends
WHAT IS HAPPENING WITH SALES VELOCITY AND COMPOSITION?
1H 2023 Transactions in Line With Long-Term Average
Despite falling from last year’s levels, 1H 2023 saw CRE deals match the 10-year 1H average
Apartment and office deal flow is below the long-run average, while industrial and retail sales are above
Private Investors Dominating CRE Acquisition Activity
With the disproportionate slowdown in high-price properties, private investors now make up 80% of the buyer pool above $1 million
Investors should be aware of the role private investment is playing in 2023 when both listing properties and pursuing opportunities
*Estimated sales for 2Q 2023
Sources: Marcus & Millichap Research Services, Real Capital Analytics, CoStar Group, Inc.
