Tyler Leeson Tyler Leeson

It may seem like 1031 exchange transaction volume is growing this year, but Tyler Leeson of Marcus & Millichap says that the volume of 1031 deals is the same as it has always been—huge. While he agrees that the majority of multifamily transactions are 1031 exchanges, he says that has always been true. Leeson recently closed four 1031 exchange deals in Anaheim and Oceanside for a total of $67.7 million, and Leeson says this is an example of the typical deal flow his team sees.