Commercial real estate brokers somewhat optimistic — but worries persist

The commercial real estate industry’s outlook on the economy and other economic factors is improving. But that’s only if you look at things from the bright side.

The CRE Finance Council last week reported its latest Board of Governors Sentiment Index rose by 5%, from 78.5 in the previous quarter to 82.7. This, the organization says, signals “a cautious uptick in sentiment.”

The quarterly index tracks commercial real estate finance market conditions and outlooks as seen by senior members of the industry. The latest index was for the third quarter and the survey was administered Sept. 12 and Sept. 22.