Underwriting
The 7% Cap Rate That Wasn't
A cap rate is only as reliable as the NOI underneath it.
Read the AnalysisPCG Deal Lab
Commercial real estate decisions often turn on the questions that are easy to overlook. Deal Lab examines the assumptions, numbers, risks, and tradeoffs behind real-world commercial real estate decisions.
Deal Lab examples may be illustrative, composite, or modified for educational purposes. They are not appraisals, offerings, or recommendations regarding any specific property or transaction.
If you are considering an acquisition, a lease, or an investment summary that looks cleaner than the underlying facts, start with what can be verified.