Report: CRE sales transactions "drastically" down

02/29/2008 | Commercial Property Executive

U.S. office, industrial, retail and apartment market sales transactions were drastically down year-over-year, according to Real Capital Analytics' latest monthly report. Offerings for sales remained strong in most markets, and cap rates were up across the board. "While equity capital for property in the U.S. remains plentiful, the buying hiatus is likely to continue," the report said.

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