Shimon Shkury Contributor

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NEW YORK CITY MULTIFAMILY SALES TOTALED $3.57 BILLION IN 3RD QUARTER

FULL EFFECT OF RISING INTEREST RATES EXPECTED IN NEW YEAR Despite continuing economic headwinds, the New York City multifamily sector posted surprisingly impressive results during the third quarter, according to Ariel Property Advisors’ Q3 Multifamily Quarter in Review report. Multifamily commercial real estate sales rose 37 percent during the quarter on a year-over-year basis, to

By |2022-11-10T08:52:29-08:00November 9th, 2022|Industry News|

Multifamily, Development, Industrial Trades Push Brooklyn’s Investment Sales To $5.56 Billion

Investment dollars poured into Brooklyn’s commercial real estate market in the first six months of the year, accounting for a quarter of the $22 billion in commercial property sales across New York City in 1H 2022, second only to Manhattan which saw 53% of the city’s dollar volume. The dollar volume in Brooklyn totaled $5.56

By |2022-10-24T09:54:16-07:00October 24th, 2022|Industry News|

The Bronx Is Back: Institutional Money Is Chasing Yield

The Bronx saw record dollar volume and the second most transactions ever recorded with $1.54 billion investment sales across 191 transactions, according to research produced by Ariel Property Advisors. Multifamily sales accounted for nearly half the transactions, or $756 million, which is the highest dollar volume since 1H 2016 when $960 million in multifamily buildings

By |2022-09-10T09:52:27-07:00September 9th, 2022|Industry News|
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