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NEW YORK CITY-The industry’s future is on the forefront of real estate practitioner’s minds, as seen at yesterday’s RealShare Structured Finance. The roughly 150 attendees and speakers continued to bring up the possibility of the bubble bursting and looked for proof in the capital market–proof that is not as evident as some may think. Michael Desiato, group publisher and editorial director for Real Estate Media, introduced the conference that went on to analyze every part of the capital market.
While capital is still chasing property at an enormous rate, as evident from the recent Stuyvesant Town Peter Cooper Village sale, and fundamentals are steady; most find a real estate bust as an unavoidable part of the cycle.