The Real Deal New York

Related’s Ross says Romney’s candidacy is “extraordinary opportunity for America:” VIDEO

January 30, 2012 02:30PM

Related Companies Chairman Stephen Ross appeared on CNBC today to explain his support for Mitt Romney in the upcoming presidential election (see video after the jump), most recently exhibited by a fundraiser he threw for the candidate two weeks ago in Florida.

Though he never conducted business with Romney, Ross cited Romney’s business credentials as the main reason why he would make the best president. Especially since, according to Ross, job creation and private sector growth are the two key issues plaguing the country.

“This country needs Romney,” he said. “It’s an extraordinary opportunity for America that we have a candidate like Romney that can come in in these times.”

When asked about the recent $825 million fund he closed, Ross said the money would be invested in distressed assets mostly in New York, Florida and California. But Related is looking to dispense the money quickly, he quipped, before Romney is elected and improves the economy, forcing prices up.