Scarcity Premium Seen Driving Current Cap Rate Compression
Real Estate News From CoStar Group
Last year, capitalization rates on large office property sales rocketed from the mid-6 range to the mid-8 range. So far this year, cap rates have reversed course, falling back just as rapidly to mid-7 range. Under 'normal' conditions, this would imply...
Source: National Commercial Real Estate News From CoStar Group