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Steven Schultz Steven Schultz, executive managing director, capital markets at Newmark Knight Frank

NEW YORK CITY—The debt markets are flush with plenty of liquidity and there’s plenty of equity but people are starting to be a little more careful, says Steven Schultz, Newmark Knight Frank’s executive managing director, capital markets. The interest rates are going up but he hasn’t seen that truly affect the market yet.

At NKF, Schultz works both with conventional, and distressed deals—those that are troubled but offer higher yields. In bundling or selling one-off distressed deals, this includes sub-performing as well non-performing loans, and portfolio sales with funds and debt funds that have bought distressed notes over the years.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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