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Wednesday, Oct 5
2011, 11:59 AM
Real estate firms are routed, reflecting concerns that Europe's mounting debt crisis could...
Real estate firms are routed, reflecting concerns that Europe's mounting debt crisis could filter down to hurt U.S. credit markets. "The direct impact is minimal, but indirectly, what we're worried about is the impact on the U.S. banks and how that impacts the availability and cost of capital for real-estate borrowers," Green Street Advisers says. AVB -4.4%, EQR -5.1%, KIM -4.2%.