Green Street last month reported that overall smaller sales in various markets were showing greater strength than larger ones. They've lost sales volume, but at a much smaller rate than larger properties.
Multifamily was one of the two stars of the pandemic in sales, values, and increasing rents. (Industrial was the other.) But how is it doing now?
If you think about the smaller sales as more representative of the volume of multifamily units, the performance should give a greater sense of how the industry is doing.
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