Five Winners and Four Losers in RCA’s Tally of 2019’s Investment Sales
January 23, 2020 | National Real Estate Investor
The numbers are in and they definitely tell a story. Research firm Real Capital Analytics (RCA) just released its U.S. Big Picture report for 2019, examining the trends in investment sales volumes over the past 12 months. Here are the capital markets’ five winners and four losers based on the report’s findings.
- Winner: Multifamily sector. The sector saw the highest investment sales volume in 2019 of all the property types RCA tracks, at $183.5 billion. The only hitch came in the fourth quarter, according to RCA researchers, when tightened rent regulations in markets like New York put a dent in investors’ confidence in cities impacted by the new rules.
- Loser: Retail sector. The sector unsurprisingly saw the biggest drop in investment sales of any major property type last year. Retail investment sales volume dropped by 28 percent, to $62.5 billion. That’s against the backdrop of a modest 2 percent drop for investment sales volume overall in 2019.
