Three major determinants of cap rates … 3) Risk perceptions and preferences among investors, regarding the property. This comes from both the space ma
{"Image DocumentName": "Three major determinants of cap rates \u2026", "Image ImageDescription": "3) Risk perceptions and preferences among investors, regarding the property. \u00b7 This comes from both the space market and the capital market (risk is relative). \u00b7 How risky is an investment in this property, and how much do investors care about that risk?\u2026 \u00b7 Greater risk, and greater sensitivity to risk, will require higher cap rates (lower asset values per   of current income).", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}