Survey Finds CRE Professionals Hopeful

The vast majority -- 89% -- of commercial real estate professionals are confident that business in the next six months will be at least as good as it was over the past six months, the first hopeful outlook from the industry in five years, according to a national survey by Black's Guide.The survey drew responses from nearly 1,000 CRE professionals in the online registered-user database of Black's Guide, a set of directories that provide data to the CRE industry. "The results of our first CRE Trends Survey demonstrate that the commercial real estate industry is experiencing signs of consistent growth after a sluggish five years," said Ed Barnes, vice president and general manager of Black's Guide. "CRE professionals are back into problem-solving mode ... looking for the kind of creative solutions and high-quality information that gets deals done." The New York-based company can be found online at http://www.blacksguide.com.