{"id":1004671522,"date":"2023-07-12T00:35:21","date_gmt":"2023-07-12T08:35:21","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004671522"},"modified":"2023-07-12T00:37:12","modified_gmt":"2023-07-12T08:37:12","slug":"poll-results-biggest-challenges-of-h2-2023","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/","title":{"rendered":"Poll Results: Biggest Challenges of H2 2023"},"content":{"rendered":"
\"\"

What is your biggest challenge going into the second half of the year?<\/p><\/div>\n

In last month\u2019s reader poll, respondents identified their biggest anticipated challenges through the second half of 2023, and how they may have changed since the start of the year<\/a>. The listed challenges remained the same, with only slight changes on what respondents identified as their top obstacles. The breakdown suggests that the current business environment for commercial real estate remains roughly the same, with changes toward views of a potential or ongoing recession, as well as the identification of other, sector-specific challenges.<\/p>\n

In identical fashion to December 2022\u2019s survey, 62 percent of responders listed interest rates and the availability of capital as their biggest obstacle toward business, with many industry experts perceiving a meaningful resumption of lending and sales transactions as occurring only following months of market stability.<\/p>\n

Despite the Federal Reserve pausing on rate increases<\/a> last month, the overall sentiments appear to only be focused on long-term market fundamentals<\/a>, which would make investors and lenders less reluctant. At present, the emergence of a more stable lending environment is months away at the earliest, and a possible resumption of interest rate hikes at the Federal Reserve’s meeting this month might further alter sentiments.<\/p>\n

\n

READ ALSO:<\/strong> CRE Midyear Outlook: Cautiously Optimistic<\/span><\/a><\/p>\n

\n

Similar to extant problems with interest rates, 5 percent of respondents listed inflationary pressures as their biggest concern, the primary motivator for the elevated interest rates and market volatility. Conversely, 19 percent of respondents listed a recession as their biggest obstacle to their businesses, a 5 percent decrease from December\u2019s 24 percent. This likely owes to the fact that nearly a third of the industry believes that the nation is already in one<\/a>, according to a recent survey from RCLCO.<\/p>\n

Finally, supply chain issues were not identified as a significant struggle, in slight contrast with December\u2019s 5 percent of respondents. That, alongside a potential economic slowdown, translated to 14 percent of responses listing other challenges, such as low office occupancy rates and net declines in property values<\/a> as their top struggles, with the office sector<\/a> being hit particularly hard.<\/p>\n

Click here <\/a>to see CPE\u2019s latest poll, and the results of previous surveys.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

It’s all about interest rates and capital availability, according to most CPE readers. <\/p>\n","protected":false},"author":3012,"featured_media":1004671714,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742],"tags":[],"class_list":["post-1004671522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest"],"acf":[],"yoast_head":"\nPoll Results: Biggest Challenges of H2 2023 - CPE<\/title>\n<meta name=\"description\" content=\"Commercial Property Executive readers identified their biggest business hurdles going into the second half of 2023.\" \/>\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\/poll-results-biggest-challenges-of-h2-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Poll Results: Biggest Challenges of H2 2023\" \/>\n<meta property=\"og:description\" content=\"Commercial Property Executive readers identified their biggest business hurdles going into the second half of 2023.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/\" \/>\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=\"2023-07-12T08:35:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-12T08:37:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/0723_CPE_poll-e1689083363672.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1650\" \/>\n\t<meta property=\"og:image:height\" content=\"1250\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gabriel Frank\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/\",\"name\":\"Poll Results: Biggest Challenges of H2 2023 - CPE\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/0723_CPE_poll-e1689083363672.jpg\",\"datePublished\":\"2023-07-12T08:35:21+00:00\",\"dateModified\":\"2023-07-12T08:37:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/cf1bfd2d6753f6ea305911ffd020862c\"},\"description\":\"Commercial Property Executive readers identified their biggest business hurdles going into the second half of 2023.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/0723_CPE_poll-e1689083363672.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/0723_CPE_poll-e1689083363672.jpg\",\"width\":1650,\"height\":1250,\"caption\":\"What is your biggest challenge going into the second half of the year?\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Poll Results: Biggest Challenges of H2 2023\"}]},{\"@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\/cf1bfd2d6753f6ea305911ffd020862c\",\"name\":\"Gabriel Frank\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/GF2.jpg?w=90\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/GF2.jpg?w=90\",\"caption\":\"Gabriel Frank\"},\"description\":\"Gabriel Frank is a Senior Associate Editor with Multi-Housing News and Commercial Property Executive. He has a background in journalism, and is the editor of MHN's Daily and Weekly newsletters. He lives in New York City.\",\"birthDate\":\"2000-05-11\",\"gender\":\"Male\",\"jobTitle\":\"Editor\",\"worksFor\":\"Yardi Systems\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/gabriel-frank\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Poll Results: Biggest Challenges of H2 2023 - CPE","description":"Commercial Property Executive readers identified their biggest business hurdles going into the second half of 2023.","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\/poll-results-biggest-challenges-of-h2-2023\/","og_locale":"en_US","og_type":"article","og_title":"Poll Results: Biggest Challenges of H2 2023","og_description":"Commercial Property Executive readers identified their biggest business hurdles going into the second half of 2023.","og_url":"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2023-07-12T08:35:21+00:00","article_modified_time":"2023-07-12T08:37:12+00:00","og_image":[{"width":1650,"height":1250,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/0723_CPE_poll-e1689083363672.jpg","type":"image\/jpeg"}],"author":"Gabriel Frank","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/","url":"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/","name":"Poll Results: Biggest Challenges of H2 2023 - CPE","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/0723_CPE_poll-e1689083363672.jpg","datePublished":"2023-07-12T08:35:21+00:00","dateModified":"2023-07-12T08:37:12+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/cf1bfd2d6753f6ea305911ffd020862c"},"description":"Commercial Property Executive readers identified their biggest business hurdles going into the second half of 2023.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/0723_CPE_poll-e1689083363672.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/0723_CPE_poll-e1689083363672.jpg","width":1650,"height":1250,"caption":"What is your biggest challenge going into the second half of the year?"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/poll-results-biggest-challenges-of-h2-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Poll Results: Biggest Challenges of H2 2023"}]},{"@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\/cf1bfd2d6753f6ea305911ffd020862c","name":"Gabriel Frank","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/GF2.jpg?w=90","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/05\/GF2.jpg?w=90","caption":"Gabriel Frank"},"description":"Gabriel Frank is a Senior Associate Editor with Multi-Housing News and Commercial Property Executive. He has a background in journalism, and is the editor of MHN's Daily and Weekly newsletters. He lives in New York City.","birthDate":"2000-05-11","gender":"Male","jobTitle":"Editor","worksFor":"Yardi Systems","url":"https:\/\/www.commercialsearch.com\/news\/author\/gabriel-frank\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/0723_CPE_poll-e1689083363672.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004671522","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\/3012"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004671522"}],"version-history":[{"count":7,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004671522\/revisions"}],"predecessor-version":[{"id":1004671889,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004671522\/revisions\/1004671889"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004671714"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004671522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004671522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004671522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}