Tuesday 31 December 2019

Big portfolio sales grind to a near halt in 2019

It was anything but a banner year for large portfolio sales. Generally driven by big multifamily packages, the market took a big hit this year as investors sat on the sidelines while Albany hammered out new rent laws. The five biggest portfolio sales of 2019 totaled just $1.6 billion — less than half of the $3.4 billion tallied by the top five deals of 2018. 1. Putnam Portfolio | $1.2B Buyer: L+M Development Partners, Invesco



source https://therealdeal.com/2019/12/31/big-portfolio-sales-grind-to-a-near-halt-in-2019/

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