CRE Transactions Have Crashed 70% Year Over Year
GlobeSt, June 20, 2023-Erik Sherman
A new Green Street report by managing director Daniel Ismail and analyst Harsh Hemnani digs into commercial real estate transactions of $5 million or more. As a “critical metric of CRE health and overall liquidity,” the deal activity is bad news, only $37 billion, down a “stunning” 70% year over year, based on the analysis of information in the firm’s sales comp database.
https://www.globest.com/2023/06/20/cre-transactions-have-crashed-70-year-over-year/
