Leupp: CRE capital markets have come a long way

06/21/2013 | REIT.com

The commercial real estate capital markets have evolved significantly over the career of Jay Leupp, portfolio manager with Lazard Asset Management. "When I began as an equity analyst in the business 20 years ago, the equity market capitalization of the U.S. REIT space was $30 billion. Today, it’s $600 billion, so it has been a 20-fold increase in the United States."

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