Sentiment improved but it remains cautious among the CRE Finance Council (CREFC) board of governors according to its latest index for the third quarter.
The 3Q 2023 Index increased to 82.7, up 5% from 78.5 in the prior quarter, with 58% expressing a negative outlook, down from 67% in the prior quarter.
The index was taken from Sept. 12 to Sept. 22 and showed incremental improvement in the outlook for CRE fundamentals, liquidity, and the CMBS capital markets.
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