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

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 ...

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

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 ...