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Capital Markets Grind to a Halt Across DC

First Quarter Data Foreshadow Generational Slowdowns

Early results from the first quarter of 2023 showed less than 330 transactions closed across five main property sectors. At this pace, total deal count would fall in line with 2008 and could be the second-lowest total since 2016.
Early results from the first quarter of 2023 showed less than 330 transactions closed across five main property sectors. At this pace, total deal count would fall in line with 2008 and could be the second-lowest total since 2016.

Sales of income-producing real estate in the Washington, D.C., area are dwindling. Given the pace of deceleration, a generation of D.C. dealmakers may experience the biggest slowdown of their careers.

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