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By Clair Enlow
November 28, 2007
We've entered another cycle in the real estate market, with winners and losers. Sub-prime lenders are being cleaned out. The flip artists, the debt packagers and creative investment managers that have collected handsome profits and fees in the last few years are now recalculating — or closing shop.
With the jitters that follow the collapse of the sub-prime lender market, it's debtors out, equity players in. And there are plenty of players waiting, according to reports circulated at this month's Emerging Trends in Real Estate breakfast, sponsored by the Urban Land Institute.
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