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Real Estate/Development

Jan. 2, 2000

Holding the bag

By Diane Olmstead The institutional real estate industry is beginning the 21st century as a mature capital-intensive sector whose mainland U.S. markets are, for the most part, in equilibrium in respect to supply and demand.

By Diane Olmstead

The institutional real estate industry is beginning the 21st century as a mature capital-intensive sector whose mainland U.S. markets are, for the most part, in equilibrium in respect to supply and demand.
The current state of the industry is the result of a number of significant recent events and trends. First, the industry has recovered from the devastating real estate recession of the late 1980s and early 1990s, where assets were easily acqui...

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