November 17, 2021
Real Estate

U.S. Investment Sales Rebound in Q2, Totaling $131B

Total investment for the past four quarters in South Florida, Austin and Atlanta increased by 18.7 percent. (iStock)

U.S. commercial real estate investment bounced back in the second quarter, reversing the downward trend of the previous year.

Total dollar volume was $130.9 billion, up 169.5 percent from a year ago and just 2.2 percent shy of 2019’s figure, which was the No. 2 second quarter on record, according to CBRE.

Multifamily property transactions accounted for the biggest share among asset types at 37.4 percent, totaling $49 billion — more than triple the amount from the pandemic-ravaged second quarter last year. Industrial property transactions were second at $28.5 billion, more than twice the volume of a year ago. Third was office transactions at $24.4 billion, up 82 percent.

Private investors were the most active, pouring in $70 billion for the quarter, but their…

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