billionaire real estate investor, Sam Zell

In court, Assistant State's Attorney Bob Groebner described the details of Santee's case as “typical,” saying Santee indicated that he forgot the weapon was in his bag. Earlier this month, Equity Residential, a real estate investment trust co-founded by former Chicago Tribune owner Sam Zell, announced that ...

Retail real estate is still a dangerous proposition — like a “falling knife” — Sam Zell, the chairman of Equity International Group and Equity Residential told Bloomberg. With more retail space per person than any other country, the United States has ended up with “an enormous number of obsolete shopping ...

Sam Zell, chairman of Equity Group Investments, said he is “extraordinarily careful” about share buyback activity. “Having liquidity on your balance sheet, having liquidity in your company, is ultimately the definition of value,” he noted. “It's only under unusual circumstances do I endorse buyback and then I ...

Sam Zell, chairman of Equity International Group, and Equity Residential, thinks the retail industry still has 'an enormous number' of obsolete retail stores. The shopping centers that are now obsolete are in the same locations Toys "R" Us used to thrive. Toys "R" Us recently announced plans to close all of its ...

The chairman of Equity International Group and Equity Residential discussed the state of the industry Tuesday morning on Bloomberg Daybreak, where he described retail as “still a falling knife.” The United States has more retail per population than any other country, which has led to “an enormous number ...

Gray's success can be epitomized in two mega deals that were as risky as, ultimately, they were profitable: buying Sam Zell's commercial portfolio, Equity Office Properties Trust, for $39 billion in 2007, and the Hilton chain for $26 billion. That Gray pulled it off is testament to his strategy: “He studies and ...

He's been linked to famous people, including Chicago billionaire Sam Zell; music legend Quincy Jones; and the late Clifford Perlman, who made Caesars Palace in Las Vegas a world-class resort but was forced out over alleged ties to organized crime. Bouchard isn't shy about touting his business record ...

One of these is Equity International, owned by Sam Zell, a billionaire who owns numerous manufactured home communities across the country. In 2016 I had the opportunity to work with community leaders involved with New York Communities for Change to disrupt a presentation by Zell to real estate ...

My husband, Bil, and I are seniors living on fixed incomes. Neither of us were awarded a pension during all our years of working. Since we can barely get by on our paltry Social Security check, I've had to go back to work as a realtor as an 80 year old. As hard as it is to fathom some days that I'm still working ...

Besides Griffin, Pritzker still sits on the Illinois list behind investment mogul Sam Zell — who held onto the 2nd-richest slot despite a $200 million dip since October, down to an estimated net worth of $4.9 billion — and Pritzker's cousin Thomas Pritzker, who had a good five months as well, accruing $400 ...

This strategy was a longtime favorite for investor Sam Zell. Under the new tax code (section 3302 of the Tax Cuts and Jobs Act of 2017), the carryback previously allowed was eliminated. Additionally, any NOL arising after January 1st, 2018 will be limited to 80% value of the carry forward. Although the new ...

There are 17 billionaires in Illinois, according to Forbes. They include real estate mogul Sam Zell (No. 2 in Illinois and No. 404 overall, with $4.9 billion); casino magnate Neil Bluhm (No. 5 in Illinois and No. 729 overall, with $3.2 billion), and Beanie Babies creator Ty Warner (No. 10 in Illinois and No.

Commenting on the transition, Sam Zell, Chairman of the Board, said, “During Bob Eck's tenure the company has seen tremendous growth in sales, profitability and shareholder returns. Under his leadership, the company has undergone significant transformation, and continues to deliver new products and ...

Sterling Bay completed its $510M acquisition of 600 West Chicago. The deal was first announced in December and further cements Sterling Bay's shift from adaptive reuse specialists to acquiring trophy assets and ground-up development. Sterling Bay Managing Principal Andy Gloor called the deal the ...

In 2007, Tribune sold itself to Chicago real estate investor Sam Zell in a costly leveraged buyout that left the company drowning in debt. Within a year, Tribune filed for Chapter 11 bankruptcy protection. The company emerged from bankruptcy on Dec. 31, 2012, with a consortium of wealthy investors in ...

In 2007, shortly after Chicago businessman Sam Zell led a leveraged buyout of Tribune Co., entertainment mogul David Geffen reportedly inquired about buying the Times. Geffen has since said he is no longer interested in the paper. Other would-be buyers include Los Angeles billionaires Eli Broad and ...

Entrepreneur and investor Sam Zell speaks about his book "Am I Being Too Subtle? Straight Talk From a Business Rebel" at an 11:30 a.m. luncheon Thursday, Feb. 8, at The Union League Club, 65 W. Jackson Blvd., Chicago. Business attire; no denim permitted. Tickets cost $45 at eventbrite.com/.

BlackRock's Larry Fink and other CEOs are "extraordinarily hypocritical" to push companies for more social responsibility, billionaire investor Sam Zell told CNBC on Tuesday. The New York Times reported Fink will tell business leaders in a letter on Tuesday that their companies need to do more than just ...

Billionaire Sam Zell sees 'irrational exuberance' in the stock market and holds mostly cash ... The seemingly unstoppable rally that's pushed the stock market to record high after record high is based on emotions not fundamentals, billionaire investor Sam Zell told CNBC on Tuesday. "I think the current ...

Amazon's recent $13.7 billion acquisition of Whole Foods won't really change brick-and-mortar retail, billionaire real estate investor Sam Zell told CNBC on Tuesday. "I don't mean to be disrespectful of Amazon, but I don't think Amazon reinvented the wheel. I don't think buying Whole Foods is going to ...

Sam Zell is the brash and outspoken chairman of Equity Group Investments, a private equity and venture capital firm he founded more than 45 years ago. He made his fortune — which has been pegged at $5 billion — by investing in an array of industries, including commercial real estate, manufacturing, ...

On a recent Wednesday afternoon, Sam Zell, the iconoclastic Chicago businessman, breezed into his New York City office, on Madison Avenue, fresh from a week of motorcycling through the Tuscan countryside. “It was absolutely spectacular,” he said. “I'll tell you, the one thought that just kept going ...

"During Bob Eck's tenure the company has seen tremendous growth in sales, profitability and shareholder returns," said Chairman of the Board Sam Zell. "Under his leadership, the company has undergone significant transformation, and continues to deliver new products and services in new markets.