Concrete Thoughts: Where Did Investment Sales Go in First-Quarter 2019?

There is always a level of excitement for me when quarterly investment sales statistics come out. It’s kind of like finding out the final score of your favorite team’s game that you weren’t able to watch. You do have a sense of how things might go but you never really know until you see those final scores.

At the end of 2018, things in the investment sales market in New York City were positive and trending upward. The dollar volume of sales had increased for the first time in three years and the number of properties sold increased for the first time in four years. It also appeared that property values, in some sectors, were on the rise and, while others were still lagging, the trends were generally positive.

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