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If you manage an $80 billion pension fund, should you invest in real estate? Why? Why not? What are the benefits that a real estate

If you manage an $80 billion pension fund, should you invest in real estate? Why? Why not? What are the benefits that a real estate allocation can add to the portfolio?


If you are a lender on a debt, what are the risks for debt? Can you insulate yourself from risks? 


What is your range of outcomes absolute best to absolute worst? 

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