redirect pin user minus plus fax mobile-phone office-phone data envelope globe outlook retail close line-arrow-down solid-triangle-down facebook globe2 google hamburger line-arrow-left solid-triangle-left linkedin wechat play-btn line-arrow-right arrow-right solid-triangle-right search twitter line-arrow-up solid-triangle-up calendar globe-americas globe-apac globe-emea external-link music picture paper pictures play gallery download rss-feed vcard account-loading collection external-link2 internal-link share-link icon-close2

U.S. Cap Rate Survey Snapshot

Second Half 2019
February 12, 2020

Capitalization rates for U.S. commercial real estate assets were broadly unchanged in H2 2019. All property types across nearly all classes and segments changed by less than 15 basis points (bps). Industrial and multifamily cap rates tightened the most.

CBRE expects cap-rate stability in H1 2020 across property types, segments, classes and market tiers, except for a slight increase in the hotel sector.

Explore the Cap Rate Survey by Product






North America Cap Rate Survey

Research Team

Richard Barkham, Ph.D.
Global Chief Economist, Head of Global Research & Head of Americas Research
+1 617 912 5215
Spencer Levy Headshot
Spencer Levy
Global Chief Client Officer and Senior Economic Advisor
+1 617 912 5236
Andrea Cross
Senior Director of Strategic Investment Consulting and Americas Capital Markets Research
+1 415 772 0337
+1 213 804 8211
Shanna Drwiega
Shanna Drwiega
Project Manager
+1 813 2738433

Download Limit

You have reached your report download limit for today. Please return later to access further reports. If you believe this is incorrect please contact [email protected]

Email Gateway Support