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Reality Check

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Reality Check

Brokers say multifamily asset sellers will soften on 2010 pricing, improving rock-bottom transaction volumes.
What a difference a year makes. After witnessing more than $1 billion in multifamily asset transactions in 2008, Portland, Ore., sales volume plummeted 78 percent last year to a comparatively meager $230 million, according to a year-end market report by Boston-based Colliers International.
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