$4.314 billion worth of apartment sales went through last year setting a new record, according to data by CoStar Group, a real estate analytics provider.
PORTLAND, Ore. — Real estate investors spent far more money on Portland-area apartment buildings last year than previously thought.
CoStar Group, a real estate analytics provider, last year tallied in excess of $3 billion worth of sales in the region’s multifamily market, which broke a 2016 record of $2.978 billion. CoStar counts complexes with five or more units and doesn’t include residential condos or co-ops.
Turns out, $4.314 billion worth of deals actually went through, according to updated CoStar
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