Industry leaders discussed the transition from a recovery phase to expansion in the commercial real estate market during a panel at the Real Estate Luminaries Series event on May 3 at Georgetown University. The event was sponsored by NAREIT and Georgetown’s McDonough School of Business.
Cohen emphasized that while the federal government helped in recovery efforts, the public market ultimately came to the industry’s rescue.
“The public market saved the industry, and the same thing happened in other cycles,” said Cohen, adding that the public market’s securitization of capital and development of new companies was a boon to the industry.
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