Slight Boosts Keep San Antonio’s Real Estate Cap Rates in Check
November 7, 2016
Economic growth, increasing investment and development activity, as well as consistent cap rates are solidifying San Antonio’s place as an “up-and-coming” real estate investment market. Some notable investment deals made so far this year involve the Alamo Ranch Power Center, Sonterra Village, Sonterra Blue, and recently the 276-unit Boardwalk Med Center. Regardless of micro dips in cap rates for San Antonio’s stabilized Industrial assets, decreases in Class B neighborhood retail centers and Class C properties, as reported by CBRE, San Antonio is expected to remain consistent and stable across the board. In addition, although infill and suburban multifamily Class C properties are expected to dip slightly, this is expected to cause an increase in activity throughout the upcoming year in 2017.
Small dips, slight boosts keep SA’s real estate cap rates in check