GlobeSt.com: Your firm has done acquisitions throughout the recession. Why is Behringer going that route in contrast to other firms?

Mattox: From our standpoint, where multifamily and a couple of other acquisitions are concerned, we are finding very attractive opportunities in the marketplace. We believe the dislocation in the capital markets, the challenges that various sellers and owners are grappling with, are providing acquisitions that are significant discounts to replacement costs. We want to take advantage of that marketplace.

GlobeSt.com: So you're not one of those players sitting on the sidelines?

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