Stewart Hsu

According to the National Apartment Assocation (NAA)’s Units July 2008 issue:
“Sales of apartment communities dropped significantly in April as fewer than 100 properties sold for $5 million or more, according to Real Capital Analytics’ April report. Volume in April totaled $1.2 billion, just 30% of the levels averaged in the first three months of [...]

Ali Anari and Mark G. Dotzour, economists from the Real Estate Center at Texas A&M University (TAMU), each month produce a Monthly Review of the Texas Economy. The Real Estate Center at TAMU is the nation’s largest publicly funded organization devoted to real estate research.
Though it appears the U.S. is heading into a recession, [...]

For those of you who are not yet familar with Sam Zell, he is *the* billionaire real estate investor. His net worth is an estimated $6 billion (twice that of Donald Trump). He is ranked #52 on the Forbes 400 Richest Americans 2007. Zell was born in Chicago in 1941 to Jewish [...]