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Some of the industry's leading REIT leaders gathered recently at the Ritz-Carlton in Orlando for the 2014 edition of the EY REIT CFO and Tax Directors' Roundtable. With recovery in full bloom, it's still a question as to what will happen with interest rates in the foreseeable future. A panel of experts talked about the REIT outlook in the face of a recovery that still holds many questions. The panel consisted of: James Collins, managing director, Morgan Stanley; James Sullivan, managing director, Green Street Advisors; and Adam Markman, in his new position as EVP and CFO, Equity Commonwealth. The session was moderated by Michael Straneva, partner, Ernst & Young LLP.

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MICHAEL STRANEVA: While economists tell me the world's recovery is still uneven, the REIT regime is spreading around the world. The search for yield explains the popularity of the REIT sector. Jim Sullivan, what are you seeing?

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John Salustri

John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.