Commercial real estate professionals are entering 2026 with cautious optimism. In this year’s survey of 369 senior industry leaders, most expect weak to moderate economic growth, modest improvement in CRE conditions, and continued pressure from interest rates, construction costs, and tariffs. Industrial and multifamily remain favored asset classes, while office and hospitality face ongoing challenges. Regional differences are widening, and technology—especially AI—is emerging as a key efficiency driver. With loan maturities rising and capital stacks growing more complex, strategy and creativity are critical.
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