redirect pin user minus plus fax mobile-phone office-phone data envelope globe outlook retail close line-arrow-down solid-triangle-down facebook globe2 google hamburger line-arrow-left solid-triangle-left linkedin wechat play-btn line-arrow-right arrow-right solid-triangle-right search twitter line-arrow-up solid-triangle-up calendar globe-americas globe-apac globe-emea external-link music picture paper pictures play gallery download rss-feed vcard account-loading collection external-link2 internal-link share-link icon-close2

U.S. Cap Rate Survey Snapshot

First Half 2019
August 9, 2019

U.S Cap Rate Survey Snapshot & Outlook


Capitalization rates for U.S. commercial real estate assets were broadly unchanged in H1 2019. All property types across nearly all classes and segments changed by less than 10 basis points either up or down. Multifamily and industrial cap rates tightened the most.

We expect cap-rate stability in the second half of 2019 across property types, segments, classes and market tiers, with only the hotel sector having a mixed outlook.

North America Cap Rate Survey

Research Team

Richard Barkham, Ph.D.
Global Chief Economist & Head of Americas Research
+1 617 912 5215
Spencer Levy Headshot
Spencer Levy
Chairman, Americas Research & Senior Economic Advisor
+1 617 9125236
Andrea Cross
Director, Capital Markets Research
+1 415 772 0337
+1 213 804 8211
George Entis
Sr. Research Analyst
Capital Markets
+1 818 907 4751

Download Limit

You have reached your report download limit for today. Please return later to access further reports. If you believe this is incorrect please contact [email protected]

Email Gateway Support