{"id":1004638903,"date":"2023-01-10T19:52:32","date_gmt":"2023-01-11T03:52:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004638903"},"modified":"2025-02-25T04:27:44","modified_gmt":"2025-02-25T12:27:44","slug":"poll-cres-biggest-challenges-in-2023","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/poll-cres-biggest-challenges-in-2023\/","title":{"rendered":"Poll: CRE\u2019s Biggest Challenges in 2023"},"content":{"rendered":"<div id=\"attachment_1004638904\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004638904\" data-attachment-id=\"1004638904\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/poll-cres-biggest-challenges-in-2023\/1222_cpe_poll\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/1222_CPE_poll-e1673389149622.jpg\" data-orig-size=\"695,514\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1222_CPE_poll\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Image by Patricia Todoran&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/1222_CPE_poll-e1673389149622.jpg?w=695\" class=\"wp-image-1004638904 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/1222_CPE_poll-e1673389149622.jpg?w=300\" alt=\"\" width=\"300\" height=\"222\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/1222_CPE_poll-e1673389149622.jpg 695w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/01\/1222_CPE_poll-e1673389149622.jpg?resize=300,222 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-1004638904\" class=\"wp-caption-text\">What will be the No. 1 challenge facing your company in 2023?<\/p><\/div>\n<p>In CPE\u2019s most recent poll commercial real estate professionals were asked what they believed to be the biggest challenges that their organizations will face in the new year. Sixty percent have identified interest rates and capital availability as their primary business and dealmaking obstacle. Successive interest rate hikes have not only negatively impacted finance and investment but have stifled interest in and progress of <a href=\"https:\/\/www.commercialsearch.com\/news\/another-interest-rate-hike-what-now\/\">new development<\/a> projects.<\/p>\n<hr>\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/the-2023-cre-outlook-ceos-weigh-in\/\">The 2023 CRE Outlook: CEOs Weigh In<\/a><\/p>\n<hr>\n<p>In the same vein, a quarter of those polled cited an ever-more likely economic slowdown as their primary concern. Anticipation of economic disruption has helped contribute to the slowdown in <a href=\"https:\/\/www.commercialsearch.com\/news\/sluggish-sales-and-refinancings-cast-doubt-over-property-values\/\">transactions and investments<\/a> across nearly all sectors. A further 10 percent of those surveyed identified persistent inflationary pressures and supply chain issues as top-of-mind hurdles, suggesting that the issues are important yet not as all-consuming as long-term macroeconomic trends.<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/polls\/\">Click here<\/a> to see CPE\u2019s latest poll, and the results of previous surveys.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Capital market volatility topped the concerns in this month\u2019s survey.<\/p>\n","protected":false},"author":3012,"featured_media":1004638904,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,22251,23891,21742],"tags":[],"class_list":["post-1004638903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-in-focus","category-national","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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