{"id":1004114695,"date":"2015-03-03T14:57:33","date_gmt":"2015-03-03T22:57:33","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004114695"},"modified":"2022-12-05T00:09:20","modified_gmt":"2022-12-05T08:09:20","slug":"cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/","title":{"rendered":"CPE 100 Quarterly Sentiment Survey: Industrial Named 2015’s Hottest Development Sector"},"content":{"rendered":"

By Paul Rosta, Senior Editor<\/em><\/p>\n

As development continues its comeback, the industrial sector is on track to be the year\u2019s fastest-growing asset category, according to the latest CPE 100 Quarterly Sentiment Survey.<\/p>\n

\"Source:<\/a>

Source: CPE 100 Quarterly Sentiment Survey, 4Q 2014<\/p><\/div>\n

More than half of survey participants\u201454 percent\u2014said that industrial properties offer the strongest development growth potential among the major commercial real estate property categories (see chart at right). Coming in a distant second was the multi-family sector, which was cited by 23 percent. On the other side of the coin, multi-family is also considered to be at highest risk of overbuilding; the category was cited by 46 percent of the CPE 100, an invited group of industry leaders representing a wide range of commercial real estate business categories.<\/p>\n

Multi-family properties have been a favorite of both developers and investors in recent years, yet the some executives now view multi-family as a better bet for investing than building. In the previous Sentiment Survey, which was conducted late last year, 64 percent of executives named multi-family the category most likely to show staying power in performance and investor appeal.<\/p>\n

“Expect to see a lot of investment activity in apartments\u2014particular in older assets\u2014both in and just outside of core markets,\u201d said Mike Ratliff, CPE\u2019s senior associate editor and the coordinator of the Sentiment Survey.<\/p>\n

\u201cIf the first two months of 2015 is any indication for how the rest of the year will shape up, the majority of acquisitions\u2014aside from newly-built properties\u2014will come with some form of a value-add play,\u201d Ratliff added. \u201cThat said, you might see the energy markets cool off a bit if oil prices stay low for a meaningful amount of time.”<\/p>\n

When it comes to finance, more conservative lending is expected to be the most influential new trend. According to 46 percent of respondents, worries about overbuilding will prompt lenders to underwrite new projects more cautiously this year than they did in 2014.<\/p>\n

On the other end of the spectrum, 15 percent expect lenders to be more open to development with an upside and 8 percent believe that competition among lenders will produce more favorable terms for developers. Staking out the middle ground are the 31 percent who believe that conditions for financing new construction will be largely the same in 2015 as they were last year.<\/p>\n

\u201cDevelopment is starting to ramp up, but the good news is that lenders seem to be exercising control, which should prevent the cycle from moving forward too quickly,\u201d noted CPE Editorial Director Suzann D. Silverman.<\/p>\n

Regarding their own companies\u2019 performance, the CPE 100 takes a decidedly more guarded view than they did a quarter ago. In the previous survey, 71 percent of executives predicted that their companies would be performing somewhat better in three months; this time, only 31 percent said so. Meanwhile, twice as many as last time\u201462 percent\u2014expect their companies\u2019 performance to be unchanged.<\/p>\n

Although the CPE 100 has become more cautious about their own companies\u2019 prospects, they continue to expect stability from both the real estate industry and economy.\u00a0 A majority of executives expect that industry conditions will be largely unchanged in three months, though that margin has slipped from 64 percent to 54 percent. Another thirty-nine percent said that the health of the commercial real estate market will be somewhat better three months from now, on a par with the 36 percent who held that view in the previous survey.<\/p>\n

Perspectives on the economy are similar to those in the previous Sentiment Survey, as well. Most executives, 62 percent, believe that general business conditions will be largely unchanged in three months, nearly identical to the 64 percent who said so in the previous survey.\u00a0 Thirty-one percent of participants believe that business conditions will be somewhat better three months from now, within range of the 36 percent who expressed that view last time.<\/p>\n

To read the magazine version of the survey in the CPE<\/em> March issue, click here<\/a>.<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

According to the CPE 100, industrial development offers the strongest growth potential, while some executives see investment rather than building as a better bet for multi-family assets.<\/p>\n","protected":false},"author":445,"featured_media":1004114716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21742],"tags":[],"class_list":["post-1004114695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-latest"],"acf":[],"yoast_head":"\nCPE 100 Quarterly Sentiment Survey: Industrial Named 2015's Hottest Development Sector - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CPE 100 Quarterly Sentiment Survey: Industrial Named 2015's Hottest Development Sector\" \/>\n<meta property=\"og:description\" content=\"According to the CPE 100, industrial development offers the strongest growth potential, while some executives see investment rather than building as a better bet for multi-family assets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-03-03T22:57:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-05T08:09:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/CPE_SSurvey1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Paul Rosta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\\\/\"},\"author\":{\"name\":\"Paul Rosta\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/ed97e8245f278ce01a7b951f706152af\"},\"headline\":\"CPE 100 Quarterly Sentiment Survey: Industrial Named 2015’s Hottest Development Sector\",\"datePublished\":\"2015-03-03T22:57:33+00:00\",\"dateModified\":\"2022-12-05T08:09:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\\\/\"},\"wordCount\":661,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/03\\\/CPE_SSurvey1.jpg\",\"articleSection\":[\"Industrial\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\\\/\",\"name\":\"CPE 100 Quarterly Sentiment Survey: Industrial Named 2015's Hottest Development Sector - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/03\\\/CPE_SSurvey1.jpg\",\"datePublished\":\"2015-03-03T22:57:33+00:00\",\"dateModified\":\"2022-12-05T08:09:20+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/ed97e8245f278ce01a7b951f706152af\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/03\\\/CPE_SSurvey1.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/03\\\/CPE_SSurvey1.jpg\",\"width\":600,\"height\":486,\"caption\":\"Source: CPE 100 Quarterly Sentiment Survey, 4Q 2014\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CPE 100 Quarterly Sentiment Survey: Industrial Named 2015’s Hottest Development Sector\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/ed97e8245f278ce01a7b951f706152af\",\"name\":\"Paul Rosta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9c1c95e152828621b403b03a53198a2cb762882a74877838d5ccb2f54ebd769f?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9c1c95e152828621b403b03a53198a2cb762882a74877838d5ccb2f54ebd769f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9c1c95e152828621b403b03a53198a2cb762882a74877838d5ccb2f54ebd769f?s=96&d=mm&r=g\",\"caption\":\"Paul Rosta\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/paul-rosta-2\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CPE 100 Quarterly Sentiment Survey: Industrial Named 2015's Hottest Development Sector - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/","og_locale":"en_US","og_type":"article","og_title":"CPE 100 Quarterly Sentiment Survey: Industrial Named 2015's Hottest Development Sector","og_description":"According to the CPE 100, industrial development offers the strongest growth potential, while some executives see investment rather than building as a better bet for multi-family assets.","og_url":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-03-03T22:57:33+00:00","article_modified_time":"2022-12-05T08:09:20+00:00","og_image":[{"width":600,"height":486,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/CPE_SSurvey1.jpg","type":"image\/jpeg"}],"author":"Paul Rosta","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/"},"author":{"name":"Paul Rosta","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/ed97e8245f278ce01a7b951f706152af"},"headline":"CPE 100 Quarterly Sentiment Survey: Industrial Named 2015’s Hottest Development Sector","datePublished":"2015-03-03T22:57:33+00:00","dateModified":"2022-12-05T08:09:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/"},"wordCount":661,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/CPE_SSurvey1.jpg","articleSection":["Industrial","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/","url":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/","name":"CPE 100 Quarterly Sentiment Survey: Industrial Named 2015's Hottest Development Sector - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/CPE_SSurvey1.jpg","datePublished":"2015-03-03T22:57:33+00:00","dateModified":"2022-12-05T08:09:20+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/ed97e8245f278ce01a7b951f706152af"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/CPE_SSurvey1.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/CPE_SSurvey1.jpg","width":600,"height":486,"caption":"Source: CPE 100 Quarterly Sentiment Survey, 4Q 2014"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/cpe-100-quarterly-sentiment-survey-industrial-named-2015s-hottest-development-sector\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"CPE 100 Quarterly Sentiment Survey: Industrial Named 2015’s Hottest Development Sector"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/ed97e8245f278ce01a7b951f706152af","name":"Paul Rosta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9c1c95e152828621b403b03a53198a2cb762882a74877838d5ccb2f54ebd769f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9c1c95e152828621b403b03a53198a2cb762882a74877838d5ccb2f54ebd769f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9c1c95e152828621b403b03a53198a2cb762882a74877838d5ccb2f54ebd769f?s=96&d=mm&r=g","caption":"Paul Rosta"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/paul-rosta-2\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/CPE_SSurvey1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004114695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/445"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004114695"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004114695\/revisions"}],"predecessor-version":[{"id":1004534872,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004114695\/revisions\/1004534872"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004114716"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004114695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004114695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004114695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}