Trepp 2022 CRE Sentiment Survey Results: Respondents Expect CRE to Avoid Severe Damage Despite Economic Headwinds
Trepp's second annual sentiment survey called upon market participants to answer a series of questions related to the economy, regulation, CRE fundamentals, and CMBS distress.
NEW YORK , August 11, 2022 /PRNewswire-PRWeb/ -- Trepp, a leading provider of data, insights, and technology solutions to the structured finance, commercial real estate (CRE), and banking markets, released its second annual CRE sentiment survey results which revealed that while the market is concerned about upcoming economic headwinds, CRE will avoid the worst.
In a pivot from assessing recent market events and data trends weekly, The TreppWire Podcast team surveyed CRE participants to gauge market sentiment for the coming months. See the findings and results here: https://www.trepp.com/2022-cre-sentiment-survey-results.
Trepp's second annual sentiment survey called upon market participants to answer a series of questions related to the economy, regulation, CRE fundamentals, and CMBS distress. Almost 50% of the respondents were CRE practitioners. Other respondents came from professionals at banks, capital markets/structured finance companies, and in the academic world. The specific job functions of those filling out the survey included asset managers, brokers, CMBS and CRE investors, lenders, property owners, and risk managers. The survey revealed some interesting trends.
"Not surprisingly, inflation, higher interest rates, and supply chain constraints were the biggest macro concerns in the survey; we polled the market to gauge how these conditions would affect the CRE market, and the businesses within that landscape," said Martha Coacher, Trepp's Chief Marketing Officer.
The net of the results is that there is real concern about economic conditions negatively weighing on business in the next 6 to 12 months, but generally, a recession is not likely until the end of 2022 or 2023. On more CRE-specific questions, participants were more optimistic about leasing activity than sales activity. While more than half of the audience felt CRE fundamentals would be somewhat worse over the next six months, only 6% said the conditions would be significantly worse.
"Taking individual responses and trying to craft an overarching narrative can be risky; however, this year's results seem to suggest that businesses are confident they will weather the impending storm, despite current economic conditions," said Manus Clancy, Senior Managing Director at Trepp.
For more information including our executive summary and to see the results and findings from the 2022 CRE Sentiment Survey, click here.
About Trepp
Trepp, founded in 1979, is a leading provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking markets. Trepp provides primary and secondary market participants with the solutions and analytics they need to increase operational efficiencies, information transparency, and investment performance. From its offices in New York, San Francisco, and London, Trepp serves its clients with products and services to support trading, research, risk management, surveillance, and portfolio management. Trepp subsidiary, Commercial Real Estate Direct, is a daily news source covering the commercial real estate capital markets. Trepp is wholly owned by Daily Mail and General Trust (DMGT).
About The TreppWire Podcast
Leveraging Trepp's market expertise and proprietary data sets, The TreppWire Podcast enables listeners to stay up to date on all things commercial real estate, structured finance, and banking. Featuring Trepp subject matter experts and guests from across the industry, the weekly podcast explores how recent events have impacted both the markets and the daily lives of market participants.
Media Contact
Riley Cox, Trepp Inc., 2127541010, [email protected]
SOURCE Trepp Inc.
Share this article