Key Findings -

The multifamily asset sector saw nearly $35.4 billion of investment sales activity for the first-quarter of 2016. This figure represents an 8.6% increase compared to the first-quarter of 2015 and represents the largest first-quarter volume on record. Additionally, the first-quarter sales volume figure represents the second-largest figure of the last 15 quarters, eclipsed only by the unprecedented fourth-quarter 2015 volume of $49.2 billion.