That is a pretty broad question. I can’t say for sure for every single product type nor do I really care about CAP Rate trends for multi-tenant office/industrial/multi-family/etc. buildings in the midwest/south/east/etc. I can make an intelligent guess and say no, CAP Rates are not heading back down, they are continuing to rise – industry-wide. [...]
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Brokerage,
CAP Rate,
capitalization rate,
Commercial Real Estate,
McDonald's,
New York City,
NNN property,
NYC,
overpriced real estate,
Retail,
retail property,
single-tenant,
STNL,
Walgreens,
Wells Fargo 2 Comments |
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The Financial Times reported yesterday that Morgan Stanley and Wells Fargo have issued warnings that the trouble in the commercial real estate industry continues to mount. Some key points from the FT article: Morgan Stanley takes a $700 million CRE write-down in the 2nd quarter 3rd straight quarterly loss for Morgan Stanley Wells Fargo states [...]