Capitalization Rate (Cap Rate) By Kasey Swain / August 15, 2025 The rate of return on a property calculated by dividing the Net Operating Income (NOI) by the current market value of the property. Resources relating to Capitalization Rate: The New Normal in Commercial Real Estate Lending Commercial Real Estate (CRE) continues to be an asset class filled with uncertainties. Initially, state lockdown orders decimated many CRE sectors. Unlike residential assets, government financial assistance mostly overlooked commercial … Read article Related Articles: Private Lending Glossary