Transactions Begin to Slow; However the Market is Still Favorable for Sellers
The second quarter closed with fourteen transactions totaling approximately $151M, a slight increase since last quarter. Three of these transactions accounted for nearly 90% of the total sales volume, and two other transaction’s price/unit exceeded $300k. In comparison, the first half of 2018 there were 31 transactions amounting to $272M in sales volume. In the first half of 2019, there were 23 transactions totaling approximately $279M in sales volume, showing a slight decrease in activity.
