Simon Treacy, group chief executive, MGPA, speaks to Urban Land magazine about his keynote session at the 2011 ULI Fall Meeting on capital markets. Treacy explains what the U.S. credit ceiling debate and the turbulence in European markets mean for real estate investing domestically and overseas. In addition, he discusses the views expressed by the keynote panel of experts as well as the current status of global real estate investment sales, debt, and equity markets.

Read what panelist Simon Treacy had to say about capital markets as he, along with other notable experts, warned ULI 2011 Fall Meeting attendees to remain wary, especially of leverage.