National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
U.S. CRE Investment Sales Post Double-Digit Gains in Q3 2025
Third-quarter U.S. commercial real estate investment sales transactions reached $150.6 billion, up 23.7% from Q2 and 25.1% year over year, Altus Group Limited said in its newly issued CRE Investment & Transactions Quarterly Report. The number of properties sold also rose, increasing 12.6% from Q2 and 6.8% Y-O-Y.
Annual growth continues to be driven by multifamily. Spending rose 51.1% and represented more than a third of all Q3 single-asset sales. Industrial, office and general commercial sectors recorded annual gains above the overall 25.1% increase. However, growth was uneven across property types, with hospitality transactions declining 11.9%.
“After a slower-than-expected start to the year, transaction activity rebounded sharply in the third quarter, bringing total volume to $375 billion through the first three quarters of 2025, up 10.3% from the same period in 2024 and 13.0% from 2023,” said Cole Perry, associate director of research at Altus. “Nearly every sector saw strong price growth as well.”
Pictured: The Venue at Orange, a newly built Redlands, CA apartment property that traded for $148.4 million during Q3 in a deal arranged by Institutional Property Advisors.
On December 4th, find out what’s really happening in today’s deal ecosystem at Connect Southeast Multifamily when the industry’s leaders unpack where capital is going, how underwriting is evolving, and what creative financing strategies are gaining traction in this shifting landscape. Register to be there at www.ConnectSEMF2025.com
- ◦Sale/Acquisition
