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The Real Estate Roundtable’s Q1 Economic Sentiment Index reports that industry executives, while optimistic about the future, remain uncertain about current market conditions, citing inflation, rising interest rates, and supply chain disruptions as concerns. However, executives also express that perceptions and outlooks differ across asset classes, as some remain strong and others show concerns.

Today, an industry-wide group of seven real estate trade associations announced a first-of-its-kind alliance to foster supplier diversity in real estate. The Commercial Real Estate Diverse Supplier (CREDS) Consortium aims to expand economic opportunities for businesses owned by minority- and women-owned businesses (MWBEs) in the chain of providers that supply the real estate industry.

The Real Estate Roundtable’s Q4 Economic Sentiment Index dropped to an overall score of 39, five points lower than the previous quarter. Commercial real estate executives cited a reduction in available equity and debt capital, changes in post-pandemic office use, general business cost cutting, and employee layoffs among the contributing factors causing market uncertainty and a decrease in transactions.

Commercial real estate executives continue to view current conditions as significantly less favorable than previous quarters due to rising interest rates, increased inflation, supply chain disruptions, and labor shortages. However, leaders’ views of where the markets will be one year from today have improved, indicating a cautiously optimistic outlook for the future.

2022 Annual Report - Building a More Resilient and Dynamic Future

The International WELL Building Institute (IWBI) and ISSA–The Worldwide Cleaning Industry Association announced today the launch of the Healthy Workplaces Coalition, a new coalition of more than 40 national organizations, industry leaders and trade associations collaborating to support and advance federal policy aimed at helping businesses and organizations better afford and implement health and safety improvements in workplaces and across the built environment — to benefit the health and well-being of employees, customers and the public.

Commercial real estate executives remain optimistic about overall Q2 market conditions despite growing economic headwinds and geopolitical uncertainty, according to The Real Estate Roundtable’s Q2 2022 Economic Sentiment Index.

The Real Estate Roundtable commends Congress for including the EB-5 Reform and Integrity Act of 2022 in the omnibus appropriations bill that funds the federal government through Sept. 30 and passed the Senate last night.