Cap Rates Are Back: What 2026 Means for Investors

We’re officially in 2026 — so what does this year actually look like for real estate investors?In Episode 151, we break down:How 2025 wrapped up and what Q4 told us about the marketWhy buyer demand is strong heading into 2026Whether prices and rents have stabilizedIf we’ve truly hit the bottomHow cap rates and interest rates are finally aligned againWhat to expect across multifamily, retail, industrial, office, and developmentWe also discuss why deals are starting to make sense again, why off-market opportunities are picking up, and which asset classes we’re most excited about heading into 2026.This conversation is grounded in real underwriting, real deal flow, and what we’re seeing on the ground with active investors — not hype.CONNECT WITH USSign up to the REI Hot Seat Insider:https://www.jotform.com/form/241655418022249REI Hot Seat Instagram:https://www.instagram.com/reihotseat/David Hulshof Instagram:https://www.instagram.com/davehulshof.realestate/Jacob Campagnaro Instagram:https://www.instagram.com/jacob_campagnaro/EPISODE 151Cap Rates Are Back: What 2026 Means for Investors00:00 – Welcome to 202600:28 – Wrapping up 2025 & Q4 market trends01:48 – Why buyer demand is strong right now03:56 – Have prices and rents hit the bottom?06:02 – Cap rates vs interest rates explained07:30 – Interest rate outlook for 202610:12 – High-level 2026 market predictions12:45 – Development outlook (condos vs rentals)14:26 – Industrial market trends15:12 – Why retail remains strong16:31 – Mixed-use opportunities17:37 – Office market outlook18:13 – What excites us most about 202620:45 – What we want to cover next + closing thoughtsDISCLAIMER: THIS EPISODE, AS WITH EVERY EPISODE OF THIS SHOW, SHOULD NOT BE CONSIDERED AS ADVICE. INVESTMENT ADVICE IS NEVER GIVEN ON THIS SHOW. ALWAYS CONSULT A COMPETENT INVESTMENT ADVISOR BEFORE MAKING AN INVESTMENT DECISION.