Jul
22

Lack of Transactions Makes True Cap Rates Hard To Pin Down

By
– Retail Traffic

One of the big challenges facing the retail real estate sector is that with so few investment sales getting done there is little confidence that the prices paid reflect true property values or cap rates.

In testimony before Congress’ Joint Economic Committee on July 9, Jeffrey Deboer, president and CEO of the Real Estate Roundtable, said, “With a scarcity of property transactions, there is no effective price discovery, and this further exacerbates the real estate market crash.”

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://retailtrafficmag.com/news/true-cap-rates-hard-estimate-0721/
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