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Roundtable Survey Charts CRE Leaders’ Optimistic Outlook

Commercial real estate industry leaders continue to acknowledge the effects of the COVID-19 pandemic on various asset classes, while expressing increased optimism for both current and future market conditions, according to The Real Estate Roundtable’s newly issued Q1 2021 Economic Sentiment Survey.

The Roundtable’s Q1 2021 Sentiment Index registered at 59 – a 15-point increase from the previous quarter.  TheCurrent Conditions Index of 44 increased 17 points from the previous quarter, while the Future Conditions Index of 74 is an increase of 13 points and represents a high not seen in more than a decade.

“Our Q1 index indicates that despite the extremely challenging past 12 months, industry leaders are optimistic that conditions are trending in a positive way,” said Real Estate Roundtable president and CEO Jeffrey D. DeBoer. Those positive trends could reverse, though, if vaccinations stall or new tax or regulatory burdens are imposed, he added.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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