Capitalization rates for U.S. commercial real estate assets were broadly unchanged in H1 2018, with the exception of some retail segments. Industrial cap rates tightened the most and multifamily rates edged down modestly. Office cap rates were generally stable and cap rates for hotels were also firm.
We expect cap rate stability in the second half of 2018. However, the sentiment of survey respondents varied by property type, segment, class and metro-tier grouping, with the retail sector experiencing the most mixed sentiment. What are U.S. national-level cap rates?
Explore The Cap Rate Survey