NEW YORK CITY-Let’s party like its 2005? Not quite. Panelists at the Investment & Finance Panel at RealShare New York on Tuesday affirmed that we’re back to 2005 efficiencies, but the euphoria is being tightly leashed by more stringent underwriting.

Gene Berman, the Marcus & Millichap EVP and managing director who moderated the panel, discussed this as well as the outlook for CMBS and offered some thoughts on how the results of the election could impact all of it—all in an exclusive interview with content director John Salustri.