What effect will the sovereign debt crisis in Greece have on the commercial real estate debt markets in the U.S.?
It’s a blip with no material effect on the commercial real estate debt markets in the U.S.
The effects on the cost and availability of debt could be bigger than pundits first believed.
It’s an exogenous event whose full impact won’t be known for weeks or months to come.
More than anything, this is a wake-up call for the U.S. government to get its financial house in order.
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