This spring, NREI conducted its first research survey measuring industry pros’ sentiments on the sector. What we found is that conditions are healthy and there is sentiment for continued improvement. But it’s also difficult to form a cohesive outlook for the sector at large. There are variances by region, asset type and asset quality. On balance, the picture remains rosy, but there are more concerns at the margins than on other property types for which we’ve conducted research this year.