2026 Real Estate Market Sentiment Survey

Our latest survey results appear to confirm the prevailing sentiment in the industry: the market turned a corner in 2025 and that positive momentum will continue through 2026.

In our 11th Real Estate Market Sentiment Survey, CRE executives weigh in on the trends shaping CRE in 2026, showing a stronger consensus on where interest rates are headed, greater concern about geopolitical instability, and more interest in specialty investments like senior housing and healthcare facilities. Read on for key insights, or download the survey now.

Backed by 11 years of data and the insight of top lawyers from one of the largest real estate practices in the US, the survey analyzes evolving market trends to help stakeholders make informed decisions. While challenges remain, we share the optimism of participating executives.

Paul Mattingly

Partner and Real Estate Department Chair

Steady Optimism Amid Uncertainty

86% of respondents view 2026 as a year of opportunity versus 14% retrenchment.

A Turning Point in Office Conversions

Office-to-residential conversion emerged as the #2 most impactful trend (57%) selected by respondents.

Data Center Domination

85% of respondents see data center development having the greatest impact on CRE in 2026.

Balanced Asset Allocations

While interest in traditional asset classes like multifamily, industrial, and retail remains high, no single class dominates investor interest like multifamily did in 2025.

Rate Consensus

Stronger consensus formed around two Fed rate cuts in 2026, with 45% expecting a 26-50 basis point decrease.

Distressed Assets Declining

The number of respondents planning to allocate to distressed assets has fallen year-over-year since 2024.

Get the Full Survey

This year’s edition goes more in depth than ever before, with multi-year trend analysis included throughout to provide a clearer view of the forces shaping today’s market and the opportunities and risks on the horizon.

Download Now

Past Surveys

2026 marks the 11th year of our Real Estate Market Sentiment Survey. Download past surveys via the links below.