{"id":1004143842,"date":"2016-05-12T03:57:04","date_gmt":"2016-05-12T11:57:04","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004143842"},"modified":"2020-04-01T06:27:55","modified_gmt":"2020-04-01T14:27:55","slug":"cit-survey-cre-execs-divided-about-outlook-for-2016","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/","title":{"rendered":"CIT Survey: CRE Execs Divided About Outlook for 2016"},"content":{"rendered":"

By Keith Loria, Contributing Editor<\/em><\/p>\n

\"Ellen<\/a>

Ellen Alemany, Chairwoman & CEO, CIT Group<\/p><\/div>\n

New York\u2014<\/strong>A new study released by the CIT Group Inc.<\/a>, \u201c2016 Commercial Real Estate Outlook,\u201d revealed that while many commercial real estate executives see solid prospects for their sector, not everyone is on board with a positive outlook.<\/p>\n

The study, conducted online by Forbes Insights<\/a> on behalf of CIT among 201 senior commercial real estate executives, shows 52 percent of CRE execs indicated that they believe their segment of the market to be either strong or very strong, while 71 percent reported adequate capital is available for investment.<\/p>\n

Just two years ago, the findings showed more of a cautious optimism<\/a>, with 57 percent of executives noting the U.S. commercial real estate market was in recovery, with only 10 percent reporting recovery as being very strong.<\/p>\n

Indeed, CRE execs have a mostly positive view of the market for 2016. However, the study does show many participants recognizing that while the market is recovering (47 percent agreeing), there are still certain segments poised for significant decline.<\/p>\n

Executives are also split on the commercial real estate impact of baby boomers downsizing their lives, citing both the positive (33 percent emphasizing) and negative (26 percent emphasizing) effects on their investments.<\/p>\n

The report shows that a little over 60 percent of executives surveyed characterize their current market posture as \u201copportunistic,\u201d describing today\u2019s conditions as a mixed bag offering both challenges and opportunities. Factors such as interest rates, consumer confidence, U.S. tax rates, unemployment and the global economy are all driving commercial real estate investment today.<\/p>\n

A whopping 71 percent of those responding noted that adequate capital is available for investment, although 24 percent feel capital is available for \u201cthe right\u201d deals only. Still, more than 50 percent of respondents admitted that they are lengthening the duration of their financing in an effort to lock in today\u2019s relatively low rates over a longer period of time.<\/p>\n

In fact, with incentives continuing to be offered by state and local governments in the form of tax credits, cash grants and related business incentives, 34 percent of those surveyed agree that green tax credits and cash grants are having a significant influence over their design\/renovation and related commercial real estate investment choices.<\/p>\n

For a full copy of the report, visit cit.com\/realestateoutlook.<\/p>\n

Image courtesy of\u00a0citizensbank.com<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The recently released 2016 Commercial Real Estate Outlook was conducted online by Forbes Insights among 201 senior commercial real estate executives.<\/p>\n","protected":false},"author":451,"featured_media":1004508454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21781,21782,21808,21825,21783,23891,1600,21742,10],"tags":[],"class_list":["post-1004143842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-real-estate","category-development","category-featured","category-finance","category-investment","category-national","category-new-york","category-latest","category-northeast"],"acf":[],"yoast_head":"\nCIT Survey: CRE Execs Divided About Outlook for 2016 - 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\/cit-survey-cre-execs-divided-about-outlook-for-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIT Survey: CRE Execs Divided About Outlook for 2016\" \/>\n<meta property=\"og:description\" content=\"The recently released 2016 Commercial Real Estate Outlook was conducted online by Forbes Insights among 201 senior commercial real estate executives.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/\" \/>\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=\"2016-05-12T11:57:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-01T14:27:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ellen-Alemany-e1463047892728.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"1344\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keith Loria\" \/>\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\\\/cit-survey-cre-execs-divided-about-outlook-for-2016\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cit-survey-cre-execs-divided-about-outlook-for-2016\\\/\"},\"author\":{\"name\":\"Keith Loria\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/aaa29b723dad85f2444ae3cb0c4d735f\"},\"headline\":\"CIT Survey: CRE Execs Divided About Outlook for 2016\",\"datePublished\":\"2016-05-12T11:57:04+00:00\",\"dateModified\":\"2020-04-01T14:27:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cit-survey-cre-execs-divided-about-outlook-for-2016\\\/\"},\"wordCount\":397,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cit-survey-cre-execs-divided-about-outlook-for-2016\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Ellen-Alemany-e1463047892728.jpg\",\"articleSection\":[\"Corporate Real Estate\",\"Development\",\"Featured\",\"Finance\",\"Investment\",\"National\",\"New York\",\"News\",\"Northeast\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cit-survey-cre-execs-divided-about-outlook-for-2016\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cit-survey-cre-execs-divided-about-outlook-for-2016\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cit-survey-cre-execs-divided-about-outlook-for-2016\\\/\",\"name\":\"CIT Survey: CRE Execs Divided About Outlook for 2016 - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cit-survey-cre-execs-divided-about-outlook-for-2016\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cit-survey-cre-execs-divided-about-outlook-for-2016\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Ellen-Alemany-e1463047892728.jpg\",\"datePublished\":\"2016-05-12T11:57:04+00:00\",\"dateModified\":\"2020-04-01T14:27:55+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/aaa29b723dad85f2444ae3cb0c4d735f\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cit-survey-cre-execs-divided-about-outlook-for-2016\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cit-survey-cre-execs-divided-about-outlook-for-2016\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cit-survey-cre-execs-divided-about-outlook-for-2016\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Ellen-Alemany-e1463047892728.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Ellen-Alemany-e1463047892728.jpg\",\"width\":900,\"height\":1344},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cit-survey-cre-execs-divided-about-outlook-for-2016\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CIT Survey: CRE Execs Divided About Outlook for 2016\"}]},{\"@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\\\/aaa29b723dad85f2444ae3cb0c4d735f\",\"name\":\"Keith Loria\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g\",\"caption\":\"Keith Loria\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/keith-loria\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CIT Survey: CRE Execs Divided About Outlook for 2016 - 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\/cit-survey-cre-execs-divided-about-outlook-for-2016\/","og_locale":"en_US","og_type":"article","og_title":"CIT Survey: CRE Execs Divided About Outlook for 2016","og_description":"The recently released 2016 Commercial Real Estate Outlook was conducted online by Forbes Insights among 201 senior commercial real estate executives.","og_url":"https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-05-12T11:57:04+00:00","article_modified_time":"2020-04-01T14:27:55+00:00","og_image":[{"width":900,"height":1344,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ellen-Alemany-e1463047892728.jpg","type":"image\/jpeg"}],"author":"Keith Loria","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\/cit-survey-cre-execs-divided-about-outlook-for-2016\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/"},"author":{"name":"Keith Loria","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/aaa29b723dad85f2444ae3cb0c4d735f"},"headline":"CIT Survey: CRE Execs Divided About Outlook for 2016","datePublished":"2016-05-12T11:57:04+00:00","dateModified":"2020-04-01T14:27:55+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/"},"wordCount":397,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ellen-Alemany-e1463047892728.jpg","articleSection":["Corporate Real Estate","Development","Featured","Finance","Investment","National","New York","News","Northeast"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/","url":"https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/","name":"CIT Survey: CRE Execs Divided About Outlook for 2016 - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ellen-Alemany-e1463047892728.jpg","datePublished":"2016-05-12T11:57:04+00:00","dateModified":"2020-04-01T14:27:55+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/aaa29b723dad85f2444ae3cb0c4d735f"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ellen-Alemany-e1463047892728.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ellen-Alemany-e1463047892728.jpg","width":900,"height":1344},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/cit-survey-cre-execs-divided-about-outlook-for-2016\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"CIT Survey: CRE Execs Divided About Outlook for 2016"}]},{"@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\/aaa29b723dad85f2444ae3cb0c4d735f","name":"Keith Loria","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c971a04cf612cbf81bf5ac2e5ca5dfe85c32fa0d44d16ce044eee3b59755107d?s=96&d=mm&r=g","caption":"Keith Loria"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/keith-loria\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Ellen-Alemany-e1463047892728.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004143842","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\/451"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004143842"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004143842\/revisions"}],"predecessor-version":[{"id":1004406379,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004143842\/revisions\/1004406379"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004508454"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004143842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004143842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004143842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}