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State of CRE with Kris Mikkelsen, EVP of Investment Sales, Aaron Appel, SMD of Capital Markets, and Ivy Zelman, EVP of Research & Securities

The Walker Webcast

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The Non-Multicos Market

The office market is probably the most challenging. There is just a level of illiquidity that exists for office, whether existing capital providers have too much office exposure. The other thing I would also point out is the markets are not as bad as what you read in the papers or in the media. We are operating in a market with substantial less liquidity than we have at any time in the last 15 years.

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