A Discount to NAV Still Needs Underwriting
Published on: 23/09/2026
A Discount to NAV Still Needs Underwriting
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The CPI Print Will Not Set Your Cap Rate
Published on: 10/09/2026
The federal funds rate has fallen 175 basis points since September 2024. The 10-year Treasury has risen 112 basis points over the same period. If lower rates were supposed to compress cap rates, the math already broke that theory.
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