(Read more on the debt and equitymarkets.)

DALLAS-They've weathered the worst of times and the best. And inthe eyes of many seasoned pros in Dallas/Fort Worth, the currentshift in the capital markets is an overdue correction.

"The cheap CDO money is gone for the foreseeable future," JodyThornton, executive managing director in Dallas for HollidayFenoglio Fowler LP, told the crowd at RealShare Dallas 2007. "And,I think that's a good thing for our market." Thornton's keynoteaddress drove home the point that capital is still available, itscost is about the same as last year and the changed lendingenvironment is a welcome return to product, location andsponsorship being the real dealmakers.

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