What difference does a year make to cap rates? None. The answer is none.
This time a year ago we looked at how Federal Reserve moves to raise interest rates were impacting commercial real estate. The answer at the time was that the rate environment was affecting deal volume and not cap rates. The story is still the same a year later. Even though the direction of interest rates is now entirely opposite, commercial real estate markets are not moving as quickly.
Read more...What Difference Does a Year Make to US Cap Rates? via Real Capital Analytics