Optimism levels about the impact of mortgage and cap rates on commercial real estate are mixed, according to a new survey from CRE Finance Council, with 31% expecting a positive impact and 37% foreseeing a negative one.

This marks a shift from the previous quarter's more optimistic 48% reading, according to the 1Q 2024 Board of Governors Sentiment Index survey.

The poll was taken April 4-15, while the 10-Year Treasury rose from roughly 4.3% to top 4.6%.

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