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There's an important lesson to be learned in the news that New York's Graybar Building just landed a $145 million refi. Talk of a potential recovery aside, there's still room -- and capital -- for quality deals. Hats off here to SL Green, Cushman & Wakefield Sonnenblick Goldman and TIAA-CREFF. (Click here for more details.)

Have you heard of a similar success? Let me know!

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Comment by Jim Searing on August 6, 2009 at 9:57am
John, thank you for showing the way by pointing to genuinely good news when investors say 'damn the torpedoes, full speed ahead.' I also liked the move by Calpers this week, featured here. Just maybe the smart, long term focused money is deciding that the time to move is now, before the herd comes thundering back!

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