The current credit crunch has slowed real estate transactions to a near halt, resulting in a further delay of price discovery in the private market. Now more than ever, we are relying on the trajectory of the public REIT market as a harbinger to help ascertain a reasonable path for real estate pricing for the rest of the year. Read more on this topic in our latest REIT Cap Rate Perspective.
Q1 2023 REIT Cap Rate Perspective: Credit Crunch Consequences
March 2023