Like markets across the board, the business of credit tenant leases and of net lease transactions in general is striking a tenuous balance between trepidation and evolution following the events of Sept. 11. While deal flow remains relatively healthy and long-term ramifications seem few, market players are nonetheless reticent to proclaim - or even define - business as usual, as evidenced by the postponement of this week's Synthetic Lease and Credit Tenant Lease Forum 2001 in New York.

"The events of Sept. 11 stopped everything in place for a couple of weeks," said Kyle Gore at Legg Mason Wood Walker. "We're just now figuring out how to get things back out into the market that may have been delayed."

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