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CREtech
August, 2018

Ariel Property Advisors named one of the nation's top commercial real estate firms by CREtech

Our Latest Research

Multifamily Quarter in Review: New York City | Q3 2018

The activity experienced by the New York City multifamily market during the third quarter of 2018 was very similar to the activity observed during 2Q18, with significant year-over-year increases compared to 3Q17. Institutional-level transactions were recorded at levels exceeding those that were observed last year.

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2018 2Q MULTIFAMILY MARKET STATS COMPARED TO 2018 1Q

Multifamily
Dollar Volume

$2.63B

$2.71B (-3%)

Multifamily
Transaction Count

110

141 (-22%)

Current Prime
Interest Rate

5.00%

4.75%

Resi. Units in
Development

6,700

7,596 (-12%)