Commercial Real Estate Industry Conditions and Sentiment Survey Q4 2024

This document is a report detailing the findings of the Commercial Real Estate (CRE) Industry Conditions and Sentiment Survey for Q4 2024 conducted by Altus Group. The survey aimed to capture market sentiment, conditions, metrics, and issues affecting the CRE industry through responses from 150 participants across various firms in the US. The report outlines the survey methodology, including the demographics of respondents and the topics covered, such as current conditions and future expectations. Key findings indicate a shift in competition levels, with a slight decrease in perceived competitiveness among peer firms. Additionally, the report highlights expectations for capital deployment and cash flow, revealing a stable outlook for net operating income (NOI) growth while indicating mixed sentiments regarding revenue growth and capital expenditures. The report also discusses current pricing perceptions across major property types and changes in debt financing terms, reflecting the evolving landscape of the CRE market.