It’s often the fourth quarter that’s the busiest time for deal-making in the investment sales sector. But that adage may not ring true this year. The rise in the 10-year Treasury rate could hinder some fourth quarter transactions—and that, coupled with fewer institutional and portfolio-level deals this year, could have 2016 close out at about 10 percent down compared to last year’s sales volume, sources say.
Retail deals totaled $62.9 billion, down 16.0 percent year-over-year,
while hotel transactions totaled $30.9 billion, down 19.0 percent
year-over-year.. . . more