Sinkuler: 2010 was an excellent year for real estate

03/22/2011 |

Last year was a solid year for real estate despite the uncertainty surrounding it, says Rick Sinkuler, global markets leader for real estate at Ernst & Young. REITs posted double-digit increases. Transactions took place at cap rates below 5%, CMBS delivered credit spreads of 150 basis points, and LTVs were in the 70% range.

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