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Optimism Prevails in Finance Sector

“We are confident that commercial real estate will continue to perform well amidst an economy buoyed by tax reform and heightened job creation,” says Lisa Pendergast at CREFC.

By Paul Bubny | Updated on February 14, 2018

Photo of Lisa Pendergast Lisa Pendergast, executive director of the CRE Finance Council.

NEW YORK CITY—Continuing optimism is the topline concept when it comes to 2018, according to the CRE Finance Council (CREFC) 2018 Market Outlook Survey, issued Tuesday. Eighty-six percent of survey respondents said they anticipate a “neutral” or “positive” climate for business.

A slight majority of respondents—51.9%—expect the economy to perform essentially the same this year as it did the year prior, while 39% expect it to perform better. Driving positive sentiment are “a more benign regulatory environment, tax reform and the availability of capital,” according to CREFC.

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