Cap rates have compressed over time.

In this cycle, I buy from folks who bought in 2013 with the business plan of Cap Rate compression.

What i see in my markets is stable with some price compression in the Lux market over million in Oregon.. and I think Mike has talked about some price compression in Seattle but thats just compressing equities not severe underwater short sale situations.. so until that happens no crash..

It is this high demand for value add assets that is fueling the MF markets in this cycle, which is compressing caps in primary markets which in turn is forcing capital to seek investments in secondary and tertiary markets.

There is alot of investment going on in DC and cap rates for multifamily are compressed.

The hope is to time the cycle where you get rent increases and cap rate compression.

As the market has recovered, it has compressed CAP rates so good today is different than good eight years ago.Personally, I am happy with buying B class, rent ready properties at 0.8% rule.

People want multifamily - Cap Rates compress.

Albany the numbers are compressed and I see roughly 1-1.2% price to rent, 6-7 caps and around 9-10% cash on cash...And then theres Schenectady...Time and time again I analyze deals and the numbers are cartoonish.

With 9 million left with multiple higher quality assets owned and great areas throwing off cash flow with rent growth and cap compression they could be fine and regain that lost 500k in no time.If someone has 2 million net worth and dumping 1 million into this asset class they are really asking for problems.