In Bisnow, Steven E. Siesser, Chair of the firm’s Private Equity group and Co-chair of its Transactions & Advisory Group, discusses the hot market for commercial real estate among brokerages, REITs, and private equity firms due to low-interest rates, rising valuations, and investors’ stockpiles of cash. Siesser says, “There's a ton of money out there, valuations are through the roof, the debt markets are wide open. There’s tremendous activity.”