Sam Zell Interview: Knowledge at Wharton Real Estate Forum
Episode Description
Highlights of an interview at the recent Knowledge at Wharton Real Estate Forum. Hosted by Peter Linneman, Professor of Real Estate, The Wharton School of The University of Pennsylvania.
Brief Summary
The episode analyzes the current real estate market's differences from past recessions, focusing on bank practices and rental rate predictions.
Key points
- The Changing Landscape of Real Estate. The current real estate market is vastly different from past recessions, with banks less likely to foreclose.
- The Future of Vacant Properties. In the next 24 months, vacant properties may release at significantly lower rates.
Ask about Knowledge at Wharton
Episode highlights
- The Changing Landscape of Real EstateThe current real estate market is vastly different from past recessions, with banks less likely to foreclose.“This time around, the correlation was across all industries, all countries.”0:57Jan 17, 2010
- The Future of Vacant PropertiesIn the next 24 months, vacant properties may release at significantly lower rates.“Everything that is currently vacant will release at 20, 30, 35 percent lower rates.”3:56Jan 17, 2010
Episode quotes
Tension
40/ 100Low tension
