A bevy of small building sales boosted the number of multi-family deals in the city in October by 70 percent – for the second time this year, according to data from Ariel Property Advisors provided exclusively to The Real Deal.
October’s 70 multi-family deals included 99 properties worth more than $648 million. Year-over-year, deal volume was up 40 percent and dollar volume up 61 percent. During October 2012, there were 50 deals involving 70 buildings totaling roughly $403 million. [more]