By Paul Rosta
After the most tumultuous year in memory, commercial real estate executives are cautiously upbeat about prospects for the industry in general and investment in particular, according to the results of the latest CPE 100 Sentiment Survey.
In a show of optimism that things are looking up after a long, difficult stretch, 92 percent of the CPE 100 predict that the commercial real estate market’s health will be somewhat better in six months. At midyear, that figure stood at only 63 percent, while 32 percent expected the health of the commercial real estate market would be worse in six months. In the year’s initial Sentiment Survey last February, executives believed the market would be unchanged by a 62 percent majority. The findings are based on a quarterly survey of the CPE 100, an invited group of industry leaders.