Investment 2Q-2023

Key Takeaways

  • First half of 2023 CRE investment sales volume declined by 35.9% compared to the first half of 2022 levels 

  • Only one megadeal recorded in first half of 2023

  • Investment activity during the first six months of the year exhibited notable absence of international investment activity

  • Local investors secured largest market share of transaction activity in 2023

  • Trajectory of investment market will be influenced by Federal Reserve Board’s interest rate policy 

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Investment 4Q-2023