Episode Details

In a special episode of the CRE Exchange podcast, Altus Group’s Omar Eltorai, Director of Research, and Cole Perry, Senior Market Analyst, reveal some of the most valuable takeaways we gathered from polling almost 500 CRE professionals from the US and Canada for our Q4 2023 CRE Industry Conditions and Sentiment survey. From insights on current conditions around market competition, interest rates and pricing, to outlooks on economic recession, capital availability and transaction activity, you won’t want to miss this knowledge-packed episode.

Key Takeaways:

(00:19) What is the CRE Industry Conditions and Sentiment Survey?

(02:06) Primary focus for CRE firms.

(02:54) Current state of market competition.

(04:32) 2023 market pricing.

(06:50) 2023 cost of financing and interest rates.

(09:23) Recession expectations.

(11:33) Interest rates over the next 12 months.

(12:11) Cost of financing over the next 12 months.

(14:12) Top priorities for 2024.

(15:19) Who is planning on transacting and what side of the table do they expect to be on?

(16:27) Capital availability over the next 12 months.

(18:26) Top issues for 2024.

Resources Mentioned:

Altus Group -

https://www.linkedin.com/company/altus-group/

Omar Eltorai -

https://www.linkedin.com/in/omareltorai/

Cole Perry -

https://www.linkedin.com/in/coleperry1/

Commercial real estate industry conditions and sentiment survey - US Q4 2023 results -

https://www.altusgroup.com/insights/cre-industry-conditions-and-sentiment-survey-us-q4-2023/

Commercial real estate industry conditions and sentiment survey - Canada Q4 2023 results -

https://www.altusgroup.com/insights/cre-industry-conditions-and-sent