search

The Real Deal Logo

Trending

Tides’ original investors may be wiped out by preferred equity dealTides’ original investors may be wiped out by preferred equity dealLA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsMajor developers are converting South Florida malls into mixed-use projectsMajor developers are converting South Florida malls into mixed-use projectsBushburg buying Rudin’s half-empty FiDi office building for $160MBushburg buying Rudin’s half-empty FiDi office building for $160M
South Florida

Zell: Reports of commercial real estate’s demise are exaggerated


Click on the image to watch Sam Zell on CBS 2’s “Monsters and Money in the Morning”

Sign Up for the undefined Newsletter

Sam Zell sat down with the hosts of CBS 2’s “Monsters and Money in the Morning” program in Chicago on Friday, and much to the dismay of Cubs fans and followers of the Chicago Tribune’s financial woes, he talked mostly about real estate. “There’s only one metric that matters in real estate,” Zell said, “and that’s supply and demand. When asked whether the commercial real estate market is really as dire as many are saying, Zell cited Mark Twain’s famous saying: “The reports of my demise are greatly exaggerated,” he said. Click here to watch the video.

Tags
Sam Zell