Business Property Government has a brand new ballot! We’re asking about your agency’s use of synthetic intelligence throughout its many operations. The expertise is quickly rising, and has made waves within the CRE world via its usefulness in information evaluation and property administration, attracting appreciable funding from enterprise capital corporations.
Final month, we requested readers about their greatest challenges going into the second half of the 12 months, and the way they could have modified in comparison with these recognized from a ballot performed in December. In a mirror picture to outcomes from six months prior, 62 p.c of respondents recognized rates of interest and the provision of capital for brand new investments as their greatest problem, an unchanging problem in gentle of the present federal funds price and latent obstacles in the direction of closing new offers. Different hurdles, resembling an anticipated or ongoing recession, in addition to inflationary pressures, had been recognized as secondary considerations. Moreover, 14 p.c of respondents listed different, sector-specific challenges as their high hurdles.
Click on right here to see CPE’s newest ballot, and the outcomes of earlier surveys.