High investor demand and moderate economic growth expected to maintain U.S. real estate pricing in 2020

Strong demand from both domestic and foreign investors, combined with moderate economic growth, is expected to keep capitalization rates for U.S. commercial real estate assets broadly stable in 2020, according to the latest research from global property adviser CBRE.

 The CBRE North America Cap Rate Survey found industrial, multifamily and suburban office cap rates tightened the most in second half 2019, while hotel and retail cap rates were generally unchanged except for a negligible increase for retail power centers. Continued cap rate stability is expected in first half 2020 across property types, segments, classes and market tiers, except for a slight increase in the hotel sector.

 “U.S. real estate a