Top Chicago Stories
Sam Zell Sees Shift Into Services Ahead for Equity Office/Equity Residential REITS
By Ted JacksonCHICAGO- Real estate titan continues to predict massive consolidation for the real estate industry, saying the upcoming changes will be akin to the "oligopolization" of steel and autos early last century. Zell says the two REITs he launched and in which he remains the largest shareholder, Equity Office REIT and Equity Residential REIT, will increasingly focus on offering services to their huge client base. Sees Equity Residential offering insurance and mortgages to renters who are leaving to buy homes.
Upcoming GlobeSt. Event
GlobeSt Multifamily Fall Owners Forum
Note from the Editor: The multifamily industry faces no shortage of challenges, but one constant remains: the unmatched value of being in the room with the people leading market activity and driving capital decisions. GlobeSt Multifamily Owners Forum has earned its place as a gathering for owners, operators, investors, and executives who shape the market, not simply observe it. We encourage you to reserve your spot where Multifamily converges at the highest level.
