Learn how the terminal capitalization rate estimates property resale value at the end of the holding period, with examples ...

Capitalization rates for single-tenant net lease retail properties remained stable in the fourth quarter of 2025, indicating ...

Conventional wisdom has long said: where interest rates go, cap rates soon follow. In other words, when the cost of capital is high, so too is the ratio of a property’s net operating income to its ...

Three years ago—when the Fed began raising interest rates to help stem high inflation—a valuation gap emerged between public and private real estate as evidenced by the implied cap rate from Nareit’s ...

With cap rates likely to contribute little to real estate value growth, investors need to turn attention to income to drive returns. With the global GDP growth expected to be lower in the coming years ...

Cap rates are not universal. While often presented like math, in practice cap rates reflect institutions. Regulatory alpha, ...