CRE Finance Council

Lisa Pendergast of CREFC

CREFC: Rate Volatility Remains Top of Mind for Executives

The group’s latest survey shows finance leaders settling into a more cautious outlook, even as borrowing costs continue to weigh on activity.

Chart showing how the Board of Governors Sentiment Index fell 20.2 percent to 100.1 in the first quarter of 2026 from 125.4 in the fourth quarter of 2025

CRE Finance Execs Turn Bearish on Economy

Yet they still have confidence in industry fundamentals, the latest CREFC Sentiment Index survey shows.

Lisa Pendergast of CREFC

CREFC: Financing Demand Expectations Hit Record High

The organization’s new sentiment index points to a market that feels increasingly open for business.

Left to right: David McCarthy (CREFC), Wei Luo (CBRE Investment Management) and Lisa Pendergast (CREFC)

What a Long Government Shutdown Means for CRE

Effects may vary, but experts agree that complications are compounding.

Graph of the CREFC Sentiment Index

Sentiment, Market Optimism Surge: CREFC

This index saw one of the strongest quarterly improvements in its history.

CREFC’s Board of Governors sentiment index in the fourth quarter of 2024 rose to 126.6 from its all-time high reading of 121.1 in the third quarter

CRE Sentiment Index Soars to New High: CREFC

The survey reveals broad optimism about several factors, including market fundamentals and the federal policy.

The CRE Finance Council’s index reached an all-time high in the third quarter

CRE Sentiment Index Hits All-Time High

The Fed’s easing of interest rates and the likelihood of an economic soft landing are key drivers behind this optimism, according to CREFC’s latest survey.

Lisa Pendergast of CREFC

Why CREFC Survey Says Things Are Looking Up

Optimism takes a record jump in the organization’s latest poll, but sector-specific concerns remain.

Paul Fiorilla, Director of Research, Yardi Matrix

2 Groups Move Toward CRE Debt Fund Standard

The resulting index could serve as an industry benchmark, says Yardi Matrix’s Paul Fiorilla.

Servicing, Defaults Dominate CREFC Discussion

The rapid increase in interest rates has left the commercial mortgage market to deal with fallout, said panelists at the CRE Finance Council’s Annual Conference in New York City.