Search
 

Survey: Access to Capital, Gov’t Policy, Remains CRE’s Most Pressing Issues

NEW YORK CITY-Despite a 6% increase in confidence from last year, Rich Bezold, chair of Akerman’s national real estate practice group, tells GlobeSt.com Jacqueline Hlavenka that the firm’s latest survey results show that getting financing is still a challenge to overcome.

By Jacqueline Hlavenka | Updated on March 14, 2012

NEW YORK CITY-Despite growing confidence and improving fundamentals in the commercial real estate sector, access to capital and uncertainty of government policy remain the chief concerns of senior-level executives in the industry. A survey of 150 respondents following Akerman Senterfitt’s third annual US Real Estate Summit found revealed that while 82% expressed greater confidence in the market – an increase of 6% from last year – the recent recovery is still tenuous.

“People are more comfortable year-over-year,” Rich Bezold, chair of Akerman’s national real estate practice group, tells GlobeSt.com. “That is a good sign, but when you’ve got global economic uncertainty, I think everybody has their eye on what’s going on in Europe and in other parts of the world. This being an election year, there probably won’t be a whole lot that happens, with concerns that 2012 will be a little stale until people have certainty one way or another.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.