Multifamily Sales Show Signs of Life After Initial Covid Hit

By Hannah Madans

Multifamily sales slowed during the Covid-19 pandemic, but the market began to rebound by late last year.
 
During the previous five years, according to CBRE Group Inc. Executive Vice President Dean Zander, the multi-family market in Los Angeles County usually saw about 500 sales a year of properties with 20 or more units.
 
But in 2020, Zander said, the number of sales fell by nearly half.
 
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