Top Five Takeaways from the Q3 2024 US CRE Industry Conditions and Sentiment Survey
- Rob Philion
- Oct 9, 2024
- 1 min read
Key Takeaways
Participants in the Q3 2024 survey anticipate interest rates and the cost of capital to continue to decline for commercial real estate, leading to improved financing conditions
Capital availability is expected to increase over the next year across both equity and debt capital sources, but bank lenders and mortgage REITs are expected to remain somewhat constrained
While some property sector perceptions remain as “overpriced”, many respondents are seeing more fairly priced properties across the major sectors
Respondents are increasingly planning to transact in the near-term, driven by the larger institutions, though the smallest institutions intend to be net buyers
Property-level (operating) and community-related topics (housing issues) moved up in the ranking of priority issues, though capital considerations remain a top priority
Read more here at the Altus Group.
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