The commercial real estate industry cycle is in a sweet spot right now, says Keith Pauley, managing director with LaSalle Investment Management. "At this point and time, we’re at a very favorable point in terms of real estate fundamentals. ... Most of the companies are able to borrow today on more favorable terms than their existing place of debt. I think, taking that together, the companies are in a very good place in terms of their earnings outlook, and I also think they’re in a good position to compete for acquisitions and grow their portfolios."
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