The sale price was $3,732,000, representing a record
low cap rate for a multi-tenant retail pad building in the Pacific Northwest and a record low for this year outside of California.
Roughly, it means that the weekly pay during leave will increase from a
low cap of $633 to $859, providing more low-paid workers the opportunity to actually use paid leave.
Currently, the real estate market is still going strong with cheap debt and
low cap rates so most sellers for class A properties are still getting premiums for prices while sellers for class B properties are seeing a steady velocity of sales volume.
His
low cap hit and the possibility of improvement might incentivize the Bengals to keep him, given their current circumstances.
In addition to current investment offerings like Park Meadows Plaza and Holiday Village, look for additional assets to hit the market early in 2019 while seller's look to capitalize on historically
low CAP rates in advance of rising interest rates.
WASHINGTON * Advocates for refugee admissions into the United States decried what one statement called a historically
low cap of 30,000 for fiscal year 2019, which begins Oct.
"The Trump administration's new record
low cap on refugees is an outrageous assault on everything we stand for in this country.
"Rising interest rates and
low cap rates are enticing buyers to wait for better deals.
Propst is CEO of the Idaho property management company HomeRiver, which has properties in 20 states and manages 15,000 rentals.<br />"Here's the thing: rent control is pushing Californiua investors to sell their properties at a very
low cap rate, a 3 percent cap rate, and they can buy in Idaho at a 6 percent cap, doubling their investment return," Propst said.
One clear exception is multifamily--no one seems to have enough of these and they continue to trade at
low cap rates, i.e., high prices.
This indicated that market transactions for the day revolved around the trading of
low cap stocks.
Commercial real estate is seeing ample capital,
low cap rates and high valuations at the moment, but coming regulations could change that, said Matt Galligan, president of CIT Real Estate Finance, Livingston, New Jersey.
