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As the Real Estate market widens its opportunities for places to invest, different combinations of acquisitions are opening. Notes, Mortgages, Mezzanine Debt and Distressed Property purchases are just some of the buys PE firms are considering.

Let's look at your typical commercial real estate acquisition. The attorneys are typically the first to review the leases for all pertinent legal issues. Next to review the leases are the analysts who examine them for the financial components, to underwrite the property and build their financial models.