CBRE Shows Cap Rates Compress Nationwide

[Justin Goodin]

I'm sure this doesn't surprise anyone.

Cap rates continue to compress nationwide in almost every market. CBRE reported that most investors were willing to purchase industrial and multifamily assets at asking price or at a premium. Stabilized and value-add office assets saw mostly small to moderate pricing discounts, while retail and hotels saw moderate to large pricing discounts. 

Philadelphia, Oklahoma City, and Portland were the only multifamily infill markets that saw cap rates rise. All others saw cap rates remain stable or compress.

Check out the full report by CBRE here.