Cap Rates No Longer Exists.

[Darrion P.]

That's what the broker told me!

Really? I replied. Yesss! He responds. The whisper started at 6mil, offer settled @ 6.3. 

Well, congratulations. What's your level of certainty it will close.  

I'm pretty confident! The offer went hard day 1, he boast. But with that being said, send me your contact info I've got a few more on deck. 

Will do! We'll chat soon I concluded. 

###

Question: I've noticed that the OM's I've received lately do not have a cap rate. Are you having a similar experience?