The Real Deal New York

VIDEO: Jeff Greene on risk and real estate investing

The billionaire remaking West Palm Beach says his appetite for big bets has changed

April 20, 2016 12:25PM
By Alistair Gardiner

Before the 2008 financial crisis, Jeff Greene made massive bets against the subprime mortgage-backed securities market. He put everything on the line, and reaped hundreds of millions of dollars when the wagers came good. Now, at 61 with three kids, he’s less willing to put his neck on the line financially, but he’s still making a big dent in South Florida and New York City.

In a candid interview with managing web editor Hiten Samtani at The Real Deal‘s Broward event, Greene, who owns more than 75 acres of land in prime West Palm Beach, riffed on where he thinks the real estate market is headed and how he approaches his investments. He also discussed the state of the economy and how he believes it can be fixed. Watch the video above for more.

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