Real Capital Analytics headquarters at 110 Fifth Ave., New York City RCA headquarters in Manhattan’s Midtown South; the firm says cross-border investors’ market share declined by 23% last year.

NEW YORK CITY—Surveying the universe of investors that predominated last year, Real Capital Analytics calls 2017 “the year of private capital sources.” This class of investors was behind approximately 50% of all $467.5 billion worth of acquisitions for the year, according to RCA, even if their share of dollar volume was achieved with smaller deals than those of any other investor class.

On average, private investors spent an average of $10.8 million per commercial property transaction in ’17, according to RCA data. That compares with an average of $31.6 million per transaction for listed REITs, $32.6 million for institutional investors and $39.8 million for cross-border capital.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

More from this author


GlobeSt Net Lease Spring 2023Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.