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Debt Rules as Mortgage Spreads Stay Flat	By Alex Finkelstein

As the final quarter gets under way, lenders continue to compete on projects in almost every category, the Real Estate Capital Institute reports. “There has been an insatiable demand for all types of debt, including first, mezzanine and participating loans while commercial real estate markets continue growth and expansion,” notes RECI research director Nat Zvislo. The commercial activity is compensating for the slowdown in housing markets, he says.

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