Law360, New York (January 1, 2013, 2:53 PM EST) -- The recovery of the commercial mortgage-backed securities industry and the entry of new capital from both domestic and foreign sources should spur a surge of activity in the U.S. real estate market in 2013, attorneys say.
With the overall U.S. economy growing stronger and unemployment at its lowest level since December 2008, the U.S. property market has become an attractive investment target for traditional lenders, private equity firms and foreign sovereign wealth funds, among others. Though the market is still far from the peak it reached before the housing collapse in 2008, deal activity picked up strongly in 2012 in several...
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