CBRE Report Shows Slight Uptick in Multifamily Metrics Since 2022

In the latest report by CBRE, going-in cap rates, exit cap rates, and unlevered IRR targets for prime assets showed a slight improvement in the first quarter of 2024. This is the first increase since the Federal Reserve started raising interest rates in early 2022. During Q1, going-in and exit cap rates stabilized at 12 basis points after declining for eight consecutive quarters. CBRE is optimistic that the positive spread will likely continue unless unexpected economic deterioration occurs.



Subscribe to The Home Front

Fill out the information below to join our newsletter.

This field is for validation purposes and should be left unchanged.