US Multifamily Research Brief: Small Assets Account for 36.7% of Multifamily Transactions in H1 2019
SMALL ASSET PURCHASES ON PACE TO EXCEED ANNUAL AVERAGE SINCE 2010
Small multifamily assets (five to 50 units each and between $2.5 million and $10 million in sales price) accounted for 36.7% of total sales transactions in H1 2019 but just 7.8% of total multifamily sales volume.
Small asset sales volume for full-year 2019 is expected to exceed the nearly $12 billion annual average of 2015-2017.
Total small asset transaction volume in H1 2019 was 10.1% lower than in H1 2018.