CRE market sentiment dropped by most in Q1 since pandemic, survey finds
WASHINGTON (Reuters) -Optimism in the U.S. market for commercial real estate financing witnessed its second largest drop ever in the first quarter, triggered by President Donald Trump's new tariff policies, a new survey found. In a survey of CRE financing participants conducted from March 31 to April 7, the CRE Finance Council said Wednesday that optimism in the sector fell 30.5% since the fourth quarter. Eighty percent of those surveyed said they expected economic conditions to worsen over the next 12 months, versus just 12% saying so in the fourth quarter of 2024, according to the survey.