Dallas was the top target for CRE investment dollars in 2021, nabbing nearly $47 billion in capital over the course of the pandemic year.
The city's investment volume was 77% above the market's prior record high, according to data from Real Capital Analytics; Manhattan is the only market to ever record a higher annual number, according to RCA's Alexis Maltin.
"Portfolio activity did boost overall investment levels in Dallas, but single asset sales alone were enough to overtake the market's prior record for deals of all types," Maltin says, noting that Dallas was also the number-one market for investment dollars in 2020.
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