Sam Zell speaks out against growing wave of “very dangerous” anti-immigration sentiment

Miami /
Feb.February 02, 2017 04:35 PM

From the New York website: Sam Zell thinks the wave of anti-immigration sentiment is “very dangerous” to the future of United States.

Speaking at a conference in Boca Raton, the Equity Residential founder, whose Polish parents immigrated to the U.S. four months before he was born in 1941, said people are troubled by change because they “got here first.” His comments drew applause from the audience of wealthy individuals at the Tiger 21 conference, according to Bloomberg.

“The United States has been the leader in the world for 200 years because it’s had a very aggressive immigration policy,” said Zell, according to Bloomberg. “I think that this current period of anti-immigration is very dangerous to the future of our country.”

President Donald Trump’s ban on citizens of seven Muslim-majority nations last week has sparked harsh criticism from several high-profile members of the business community. Real estate players — some of Trump’s biggest backers — have, for the most part, stayed silent. A few members of the residential community, however, have made their displeasure clear. In a letter to agents and staff, Robert Reffkin, CEO of Compass, denounced the president’s order as “dangerously misguided and fundamentally un-American.”

Last year, Zell told Forbes that he cannot tolerate any form of illegal immigration and that he promotes what he calls “intelligent immigration,” where the best and brightest are given priority. [Bloomberg]Miriam Hall


Related Articles

arrow_forward_ios
Donald Trump, Eric Trump and Donald Trump Jr with 1125 South Ocean Boulevard (Premier Estate Properties, Getty)
Trump’s Palm Beach estate listed for rent asking $208K a month
Trump’s Palm Beach estate listed for rent asking $208K a month
A photo illustration of prominent guests at the Witkoff wedding (via Instagram)
Nuptials Mar-a-Lago style: Donald Trump, Don Peebles, Barry Sternlicht among real estate elite at Witkoff wedding
Nuptials Mar-a-Lago style: Donald Trump, Don Peebles, Barry Sternlicht among real estate elite at Witkoff wedding
Donald Trump and Grant Cardone (Cardone Enterprises)
Presidential surprise: Donald Trump kicks-off Grant Cardone’s 10X Growth Conference
Presidential surprise: Donald Trump kicks-off Grant Cardone’s 10X Growth Conference
Donald Trump and The Mar-a-Lago Club in Palm Beach (Getty Images, LoopNet, iStock/Illustration by Steven Dilakian for The Real Deal)
Trump’s toilet triumph: Guests of the former No. 1 will have more places to go No. 2
Trump’s toilet triumph: Guests of the former No. 1 will have more places to go No. 2
Eric and Lara Trump with 502 Bald Eagle Drive in Jupiter (Getty, Google Maps)
Trump town: Eric and Lara buy home near Don Jr. in Jupiter
Trump town: Eric and Lara buy home near Don Jr. in Jupiter
Fontainebleau Miami Beach, Jeffrey Soffer and former President Donald Trump (Ebyabe/Wikipedia, Getty, iStock)
Gambling portability a no-go in Florida this year for Jeffrey Soffer, Trump
Gambling portability a no-go in Florida this year for Jeffrey Soffer, Trump
Gil Dezer (Photos by Sonya Revell)
The Closing: Gil Dezer
The Closing: Gil Dezer
Brad Parscale and 2319 Desota Drive (Getty, Google Maps)
Brad Parscale, ex-Trump campaign manager, sells Fort Lauderdale home
Brad Parscale, ex-Trump campaign manager, sells Fort Lauderdale home
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...