Gauging commercial real estate conditions and sentiment in Q2 2024
Our hosts, Cole Perry, Senior Market Analyst at Altus Group, and U.S. Director of Research, Omar Eltorai, share a brief analysis of the latest CRE Industry Conditions and Sentiment Survey. With over 600 respondents from the U.S. and Canada, this ep...
CRE Exchange: Commercial Real Estate, Property Valuations, Real Estate Analytics and Property Tax · Altus Group
Audio is streamed directly from the publisher (audio-delivery.cohostpodcasting.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Our hosts, Cole Perry, Senior Market Analyst at Altus Group, and U.S. Director of Research, Omar Eltorai, share a brief analysis of the latest CRE Industry Conditions and Sentiment Survey. With over 600 respondents from the U.S. and Canada, this episode looks at the biggest shifts between the first and second quarters of 2024, including surprising trends in de-risking, cost of capital, and market expectations. Cole and Omar also discuss capital availability, property type performance, and the evolving role of artificial intelligence in commercial real estate.
Key moments:
01:06 - About the Commercial Real Estate Industry Conditions and Sentiment Survey
02:09 - Primary focus for CRE firms over the next six months
03:17 - Reported cost of debt financing in CRE
05:31 - Expectations for capital availability in the next 12 months
07:43 - Expectations for target returns by fund strategy
10:16 - Property type performance and expectations around property sectors
12:36 - Pricing perceptions for different property types
16:11 - Transaction intentions over the next six months
17:08 - Top priority issues CRE professionals are worried about
19:16 - Omar’s biggest takeaway - industry participants aligning with higher for longer
20:36 - Cole’s biggest takeaway - participants are still really worried about the cost of capital
21:46 - Cole’s biggest surprise - perception of artificial intelligence
23:48 - Omar’s biggest surprise - intention to transact vs. actual transaction activity
25:05 - How to access this quarter’s survey results
Resources mentioned:
US Q2 2024 Commercial Real Estate Conditions and Sentiment Survey -
https://www.altusgroup.com/featured-insights/us-cre-industry-conditions-and-sentiment-survey/
Canada Q2 2024 Commercial Real Estate Conditions and Sentiment Survey -
CRE Industry Conditions & Sentiment Survey - Canada | Altus Group Featured Insights
Thanks for listening to the CRE Exchange podcast, powered by Altus Group. If you enjoyed this episode, please leave a review to help get the word out about the show. And be sure to subscribe so you never miss another insightful conversation.
#CRE #CommercialRealEstate #Property