Monday 20 August 2018

Consider the yurt: Sam Zell’s outdoor home rental business luring investors

Sam Zell may be known for high-end apartments and skyscraper office spaces, but his outdoor rental business, which includes yurts, has been outperforming them both. Stock for Chicago-based Equity Lifestyle Properties, Zell’s real estate investment trust for RV parks, mobile and manufactured multifamily homes, hit $95 this month. That’s a fatter investment return than Zell’s apartment and office management REITs, including Equity Residential, according to Crain’s. Petite Retreats, which Zell spun off from Equity Lifestyle […]



source https://therealdeal.com/chicago/2018/08/20/consider-the-yurt-sam-zells-outdoor-home-rental-business-luring-investors/#new_tab

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