The rush to such sectors as industrial and multifamily has compressed cap rates, leaving many to reconsider how they measure value and leaning more toward internal rate of return.
Erik Sherman
"Nobody goes there anymore; it's too crowded." — Yogi Berra, on why he no longer went to a famous restaurant.
You could make the same observation about some segments of commercial real estate these days. The rush to such sectors as industrial and multifamily has compressed cap rates, leaving many to reconsider how they measure value and leaning more toward internal rate of return.
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