«Homburg is effectively taking properties at a 7 percent cap rate on development built to 9 to11 percent yields.» (nreionline.com)
«If you're talking about a 2 percent cap rate for the St. Regis retail space, you're going to have to justify some pretty substantial rent growth,» he said. (therealdeal.com)
Pan Pacific, with its portfolio concentrated in West Coast markets with high barriers to entry, is selling at a 6 percent cap rate with the properties garnering $ 200 per square foot. (nreionline.com)