Office Cap Rates (transactions)
Hi,
Anyone have an idea on how to get data on what cap rates sponsors are transacting with per market. Also any data providers able get an accurate picture of WA office lease terms per market?
Hi,
Anyone have an idea on how to get data on what cap rates sponsors are transacting with per market. Also any data providers able get an accurate picture of WA office lease terms per market?
+57 | Are we suckers? | 31 | 1h | |
+33 | Are Development and Acquisition Roles AI proof / future proof? | 8 | 1d | |
+28 | Acquisitions Comp - Fee and Promote splits? | 13 | 2d | |
+23 | Looking for JV Equity Partner - Dev Deal SE US | 7 | 1d | |
+23 | What exactly is Pref equity ? | 12 | 1d | |
+20 | Most prestigious office location in NYC? | 14 | 23h | |
+19 | How Granular are your Real Estate Models and Analyses? | 8 | 8h | |
+19 | Commercial Real Estate Modeling | 7 | 22h | |
+18 | All my folks in the office space market….thoughts?? | 11 | 23h | |
+17 | UW Madison - REMBA’s hired by Top REPE Firms? | 11 | 14h |
Career Resources
You could call an IS broker and ask. They give guidance and can tell you about their recent transactions if you show interest in buying/selling with them.
CoStar, Compstack, RCA, Greenstreet, market calls, Brokerage shops, etc.
Building on the answers above - if at all possible, try to make sure you are comparing apples to apples with your data sources - ie: make sure they are all pulling out the same expense categories
caps have increased 1%-1.5%
am i generalizing? yes but still facts.
Lower quality product has probably gapped out 200-250 bps YoY
unless a distress sale i dont think ive seen to much movement at that high caps. maybe like a 10 plex or smaller yes.
Most Class B/C office that is trading is distressed, at least from a debt perspective. Product that would've gone for a 6-7 cap at peak is going for ~8+ cap today. Going to be a wave of distressed debt/foreclosure-driven sales that show this over the next 12-24 months
Dolorum tempora et id dolor tempora. Nemo omnis voluptatem qui ipsam enim ut. Molestias est dolores id. Rerum ad est sit debitis. Pariatur unde aut ipsum voluptates doloribus id. Itaque vero voluptatum impedit quis dolore aut. Alias accusamus ut mollitia necessitatibus autem.
Voluptatum commodi error omnis quidem eaque. Ut rerum laudantium inventore optio animi distinctio. Quod molestiae nobis earum enim totam explicabo sed. Corrupti veritatis sed ea ut eaque quia.
Beatae quos veniam voluptatem nihil corrupti natus. Rem alias blanditiis enim rerum ducimus id. Quia earum fugiat earum asperiores est. Tenetur sequi possimus voluptatibus officia ut blanditiis. Saepe quia molestiae optio labore. Est et numquam quod veniam omnis tempora. Et voluptatem tempora neque laboriosam adipisci nam deserunt voluptas.
Vel cumque vitae incidunt molestiae placeat recusandae. Consequatur nostrum asperiores aut voluptas qui eum eius id. Qui aliquam sequi magnam numquam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...