While investment volume has slowed from the banner year set in 2015, multifamily investors are still pouring money into Washington, D.C. at a pace far above the cyclical average.
Multifamily investment volume in the first quarter of 2018 was $1.27 billion, about 25 percent higher than the average first quarter since 2010. Volume was driven primarily by high-quality institutional product, with 4 and 5 Star properties accounting for $792 million…