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3. Identify the advantages and disadvantages of investing in commercial real estate both directly and through intermediaries. 4. Identify the primary source of public and

3. Identify the advantages and disadvantages of investing in commercial real estate both directly and through intermediaries. 4. Identify the primary source of public and private mortgage debt and discuss their relative importance. 5. Comment on the size and importance of the real estate investment trust (REIT) morkot

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