I want you to consider the fact that in the next year to three years, upwards of $100 billion of commercial mortgages in the CMBS market come up for renewal/refinancing. Here is the problem - there is only a projected market for around $20 billion of these mortgages to be refinanced through the CMBS industry. What is going to happen to the real estate industry if these loans cannot be refinanced? Who or what can step up and attempt to fill the anticipated lending gap of $80 billion? Are we heading for another real estate collapse similar to what we saw eight years ago? Maybe do some research on this and share with me your thoughts on this. Are we in the industry justified with our concerns or are we over-reacting? Like the first part of the essay, limit your response to Part 2 to 500 words!