CANNES, FRANCE-There was a much more positive sense of the market's middle term emerging from the MIPIM Conference. The cloud hanging over last year's event, always a bellwether of market conditions, seems to have lifted, at least somewhat. Howard Roth, Global Real Estate Leader for Ernst & Young, discusses that change in mood and what it means for global opportunity.

Also: The state of distress opportunities in Europe;

The outlook for senior debt;

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