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Avison Young July 10 Panel From left: Jedd Nero, John Bralower, James Nelson, Marisha Clinton/ photo by Betsy Kim

NEW YORK CITY—For investment sales for H1 2018, there was an uptick in dollar volume of 13% over last year, said James Nelson, the principal and head of tri-state investment sales at Avison Young. Optimistic about the market, he joined the firm approximately five months ago and now has over 30 people in his group.

The company’s Q2 2018 Manhattan market report noted after a strong first quarter, “the second quarter tempered that trend with a mixed bag of results.” The report indicated that for 2018, the transaction count was on track to rank ninth, with a projected $20.7 billion in annual sales, and volume ranking sixth in the past 10 years.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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