Find details on the record-setting deal volume in 2019 as well as last year’s top portfolio transactions.
Multifamily investors, owners, and brokers had a very active 2019, with record-breaking acquisition volume, and 2020 is underway with optimistic expectations. “We expect sustained enthusiasm and capital for multifamily investment through 2020, along with deep pools of debt capital to finance buying activity. This landscape should help bring reluctant sellers to the market and keep investment activity at very high levels,” says Richard Barkham, CBRE’s global chief economist and head of Americas research.
Even though the overall mood is positive, the year ultimately will be defined by November’s presidential election as questions about the cost of capital, millennial movements, and rent control wait in the wings.
The Land of OZ
The debate about the effectiveness of Opportunity Zones and who really benefits is still going on even though the deadline for maximizing tax incentives passed with the end of 2019. But there are still chunks of capital out there looking for a home.
