The commercial real estate (CRE) markets are in for a long, slow recovery in the face of persistently high unemployment, ongoing concern over government policy, uneven availability of capital for refinancing, and other factors dampening market activity, according to The Real Estate Roundtable's fourth quarter survey of over 110 senior CRE executives.

The overall Sentiment Index dropped by one point this past quarter, to 73, but has been on a relatively flat trajectory since the beginning of the year and appears likely to stay that way for some time.

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