📊 Underwriting a Commercial Deal Like a Pro: How Investors Really Analyze CRE 💼

Bill Rapp, CRE Broker

Published on: 22/01/2026

Underwriting a Commercial Deal Like a Pro Underwriting is where commercial real estate deals are truly won—or quietly lost. The purchase price might get the attention, but professional investors and lenders focus on cash flow, risk, and durability. If you want to underwrite commercial real estate like a pro, you must think the way lenders, equity partners, and institutional buyers do.

Commercial Real Estate

📉 Cap Rate Spread Explained: The Hidden Metric Smart CRE Investors Watch 📈

Bill Rapp, CRE Broker

Published on: 27/12/2025

Cap Rate Spread: The Hidden Metric Pros Watch Most commercial real estate investors obsess over cap rates and interest rates independently. Professionals, however, focus on the cap rate spread—the difference between a property’s capitalization rate and prevailing borrowing costs. This spread quietly determines deal safety, pricing pressure, refinancing risk, and long-term returns.

Commercial Real Estate