Tag Archives: apartment

The Things I Do for Work

Some days at work you just gotta do what you gotta do, like reading this sentence:

While cap-rate centric institutional buyers mindful of market fundamentals are balking at cap rate compression, opportunistic private investors and opportunity funds with aggressive yield expectations and the underwriting to match are standing 20 and 30 bidders deep to pay what the market demands on a price-per-unit and price-per-square-foot basis. 

I think I sprained my brain.