Industry survey: Execs believe access to capital may improve

04/23/2009 | CNBC

A Real Estate Roundtable member survey showed CEOs are cautiously optimistic about prospects for improvement in the industry's ability to access capital in the months ahead. The sentiment may be driven by the U.S. Treasury's announcements that commercial real estate securities and loans will be included in the government's Term Asset-Backed Securities Loan Facility and Public-Private Investment Partnership programs. However, Roundtable President and CEO Jeffrey DeBoer said, "Asset values continue to slide, and the credit markets continue to be a tremendous obstacle to commercial real estate."

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