CBRE Deal Flow — CBRE’s proprietary digital marketing hub for property sales — indicates investor sentiment and transaction activity in commercial real estate are recovering from the depths of the COVID-19 crisis.
Nearing the end of July, the number of signed confidentiality agreements was down by only 17 percent year-over-year — a marked improvement from the 74 percent drop-off in April and May (Figure 1). This measure of revived investor interest could be a harbinger of a future rebound in commercial real estate transaction volume.
Signed confidentiality agreements in second quarter 2020 for industrial and multifamily property offerings reached 46 percent and 42 percent, respectively, of the past two years’ average second quarter level (Figure 2). Lockdown measur
