Last Updated: August 21, 2013 12:30pm ET
Real Estate’s ‘New Normal’
By Gary E. Mozer, a principal and managing director of George Smith Partners | Commentary
LOS ANGELES-Treasuries and spreads gapped out. Now spreads are tightening, but the new equilibrium is at a higher all-in rate. Are there consequences, asks GSP’s Mozer in an EXCLUSIVE commentary.
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