Multi-family investment sales continue to outpace other CRE sectors

Northern Colorado multi-family investment sales have smashed office, industrial and retail transaction volume since New Year’s Day.  We are defining Northern Colorado for the purposes of this article as Larimer and Weld counties. According to the Costar Group Inc., multi-family sales volume in 2019 has amounted to more than  $275 million spread across 17 transactions. This is nearly double office, retail and industrial combined sales volume in the same geographic market. Yet according to the same data source, office, industrial and retail property types carry higher returns and lower vacancy rates than multi-family. The average…