Commercial real estate survey: Downturn will be bad but not terrible

The commercial real estate industry, based on the results of a large recent survey, is gearing up for some rough patches — but it could be worse. 

The report, the 2022 Trepp CRE Sentiment survey, found that “for several parts of the economy, the most severe outcome would be avoided.” New York City-based Trepp, an industry data and analytics firms, polled its podcast listeners, clients and blog readers, mostly commercial real estate brokers and property owners and industry executives, from July 13 to Aug. 1.