Text Box: Sources: The Real Estate Capital Institute®, Chicago, Illinois, www.reci.com, CNNMoney.com, US Federal Reserve. Disclaimer: The information contained herein is compiled from various sources deemed reliable, but is not guaranteed to be accurate and may contain typographical errors and/or be incomplete. Statements, opinions and estimates presented herein are subject to change without notice and are independent of sources mentioned. Quotation not permitted without written permission. Past performance does not indicate future results.

The Real Estate Capital Institute®  

Capitalization Rates by Property Type

* Assumes lowest overall capitalization rates available at full leverage (e.g. 75% loan), rounded to the nearest  half percent at the beginning of each calendar year.  Does not reflect “trophy” properties or extremely competitive markets (e.g., Washington DC and San Francisco).  These types of properties and markets would be adjusted by 100 basis points or more, depending upon timeline, asset type, etc.

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