As tweeted earlier today, crusty old Sam Zell — wrong on residential real estate, wrong on the Chicago Tribune, yells BULLSHIT to Carl Quintanilla at the 4:27 mark: (Thurs. Mar. 3 2011 | 7:36 AM ET)
Zell’s View: Commercial Realty
Sam Zell, chairman Equity Investments, says the supply of commercial realty is low, and he doesn’t expect to add any new commercial real estate projects in next few years.