Cap Rate Signals

Week 4: Now / Next / Later

Now Stabilizing

Week 3 — What the Board Is Telling Us

Week 3: Now / Next / Later

Continued evolution

Week 2 update: Why the board changed

It's better

Week 2 - Now / Next / Later

A reworked philosophy

Week 1 Update: Columbus vs Indianapolis

Timing, Probability, Convexity

Week 1 - Now / Next / Later

Setting the baseline

Cap Rate Signals Curation Methodology

How the Now / Next / Later Board is built

How Cap Rate Signals Has Evolved

Cap Rate Cycle — Reno, Phoenix, Syracuse

Louisville, KY — When Multiple Catalysts Stack in an Overlooked Market

A great example of catalysts working together

Logistics: Amazon's Greenfield, IN Fulfillment Center

When Does Another Logistics Announcement Actually Matter?

Markets Are Built, Not Found

Why catalysts — not prices — shape how real estate markets evolve

Cap Rate Signals

How corporate expansion reshapes real estate markets

Advanced Manufacturing — Micron (Syracuse)

How a single megafab commitment could reshape a metro’s underwriting

Data Center — Microsoft (Multi-Market)

Why this deal matters more in some markets than others

Catalyst Primer: Advanced Manufacturing

A slow-build, high-stickiness catalyst with long-term real estate implications

Catalyst Primer: Healthcare Systems

Essential services, recession resistance, and steady housing demand

Catalyst Primer: Data Centers

Repeat capital, fast deployment, durable downside protection

Catalyst Primer: Logistics & Distribution

Throughput-driven employment and broad housing absorption