Evaluating Deals with the Current Macroeconomic Back Drop
For those on the equity side, how are increasing rates affecting how you're evaluating deals? I guess the billion dollar question is whether the rate of inflation and its impact on NOI will exceed any increase (and offsetting) impact on cap rates rising...
Feels like the first time in a few years where the cost to borrow will exceed the going-in yields across a lot of the hottest asset classes and markets.
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