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Commercial Real Estate Execs Express Optimism About Current, Future Market Conditions
March 05, 2021, 07:26 AM
Commercial real estate industry leaders continue to acknowledge the effects of the COVID-19 pandemic on various asset classes, while expressing increased optimism for both current and future market conditions for the remainder of 2021, according to The Real Estate Roundtable s Q1 2021 Economic Sentiment Survey. The report outlined the potential for growth for the industrial and multifamily sectors, while hospitality and retail continue to face challenges due to government restrictions and health guidelines. Throughout the pandemic real estate owners, managers, investors and lenders each have focused on mitigating the impact of the crisis on their residential and business tenants, said Real Estate Roundtable President and CEO Jeffrey D. DeBoer. The industry has re