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Real Estate/Development

May 28, 2003

Has the Market Gone Stupid?

BY MICHAEL GOTTIEB CREJ Assignment Editor The large amount of capital pursuing investment deals in strong markets such as Southern California has led some to question whether investor optimism is outweighing good sense in light of weak leasing fundamentals.

BY MICHAEL GOTTIEB
CREJ Assignment Editor

The large amount of capital pursuing investment deals in strong markets such as Southern California has led some to question whether investor optimism is outweighing good sense in light of weak leasing fundamentals.

Or, as Alec G. Nedelman put it, "When is it going to get stupid?"

The partner in the real estate group at Mayer, Brown, Rowe & Maw posed the question as he moderated a panel at the...

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