Multi-family commercial real estate ended 2020 in a strong position! This product type saw $900M in transaction volume during Q3 and $1.97B in Q4. That is right, an additional $1,000,000,000 in sales closed in Q4 compared to Q3. Overall, the sales volume was up 90% compared to Q3 but still ended down (18.9%) for the year compared to 2019.