We have continued to see cap rates compress throughout the first quarter of 2022. The median has gone up slightly, but overall, the trend is still downward. With strong transaction volume at the end of 2021 and the start of 2022, competitive pricing remains. The lowest percentile is down to a rate of 3.4%. Whether cap rates will continue this trend throughout the rest of 2022 is up for debate. We ran a poll during our recent quarterly subscriber webcast and here are the results.
It seems that all options are still on the table with the top answer being that they will stay around current levels. What do you think? Make sure to stick around as Revista continues to provide updates throughout the year.
