09/18/2026
Cap Rates are rising in city of w/ this 25-unit trading at a 6.9% cap rate. While rising interest rates are making the sales market challenging we are finding that Sellers prepared to meet the market and sell for more attractive cap rates than what comps have sold for in the prior 6-12 months are finding Buyers. Those Sellers that still expect to dictate negotiations are finding the “Seller’s market” of 2-3 years ago has been replaced by a more Buyer advantaged environment.