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Real Estate/Development

Sep. 17, 2002

Chart a Safe Crossing

BY WILLIAM F. DEVINE JR. Vacancy rates are dangerously high. Interest rates are dangerously low. Capital is evaporating in 10-figure increments. This is an eerie market into which we have sailed, and it disorients lenders, landlords, lawyers, sublandlords, builders and brokers alike. As you try to steer a course to better times, these four coordinates can help you keep your bearings.

        BY WILLIAM F. DEVINE JR.
        
        Vacancy rates are dangerously high. Interest rates are dangerously low. Capital is evaporating in 10-figure increments. This is an eerie market into which we have sailed, and it disorients lenders, landlords, lawyers, sublandlords, builders and brokers alike. As you try to steer a course to better ti...

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