Recent data from CBRE says that there hasn't been a lot of movement in cap rates for senior housing.
"Across the board, cap rates haven't moved that much for a stabilized product," said Spencer Levy, Chairman of Americas Research and senior economic advisor for CBRE on the company's The Weekly Take podcast.
But cap rates aren't the only things that affect value. Changes in NOI and operating costs also impact what a property is worth.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
