Following a strong third quarter, single -
tenant transaction volume fell a bit to finish off 2017, down from $ 16.7 billion in the third quarter to $ 14.5 billion in the fourth quarter, according to Real Capital Analytics data.
In multifamily property management, for instance, the
volume of
transactions is higher, there is a higher turnover rate among
tenants (67 % turnover every year), shorter lease terms and fewer legal recourses in case someone stops paying rent.