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NEW YORK—Berkadia surveys its mortgage banking and investmentsales experts every year to see what issues are at the top of theirminds. It also does an internal survey of prospective clients,which it doesn't publish. This year's results for the latter weresurprising as the twain definitely did not meet.

"We asked them the same question as we did our brokers—whatmajor trends impacting multifamily financing are on your radar forthis year—and access to debt, which was among the top concerns forbrokers, was the last thing clients were concerned about," ErnieKatai, executive vice president and head of Production at Berkadia,tells GlobeSt.com.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.