News Brief - Cap Rate Blues Erase Returns
Wayne Rooney  |  by briansmirke.blogspot.com. All rights reserved. 23.01 | 0:31

In the first 11 months of 2006, apartment sales transaction volume reached $78 billion and was on track for the year to easily surpass the record $88 billion total notched in 2005, reports Real Capital Analytics (RCA).

From the end of 2003 through November 2006, average cap rates for stabilized assets, as tracked by RCA, fell from 7.4% to 6%.

In scorching markets like Manhattan and San Diego, average cap rates in November ranged between 4% and 4.5%.

Read more on by briansmirke.blogspot.com. All rights reserved.
Related news
Post comments
Name
Place
7 + 1 =
Comments