Last year was a blockbuster for investment sales as well as leasing. Here is the annual CPE/MHN ranking of the industry’s most active transaction advisers.
Ranked One of the Top Commercial Real Estate Firms - Cushman & Wakefield
Given its strong fundamentals before the pandemic, the multifamily sector is likely to outperform other asset classes this year. In April, the National Multifamily Housing Council Rent Payment Tracker concluded that 94.6 percent of apartment households made full or partial rent payments. May collections have been strong as well, with 87.7 percent of renters making a full or partial rent payment by May 13. While the industry continues to grapple with COVID-19’s real estate impacts, our 2020 Most Powerful Brokerage Firms ranking highlights the top firms to watch.
Newmark Knight Frank and Cushman & Wakefield rounded out the top three in the investment sales ranking with a respective $171 billion and $133 billion in transaction volume. NKF ranked No. 1 in sales—a 23 percent increase in volume from the previous two years (see methodology). Most of its transaction activity occurred in the multifamily and office asset classes and about 52 percent of the firm’s volume came from outside the United States.