Sam Zell has billions in dry powder and an economy in turmoil. Is the developer and investor, known to zag when everyone else zigs, planning his next strike? The brash, often controversial, sometimes vulgar chairman of Equity Group Investments has made his fortune buying up distressed real estate in times of economic uncertainty and upheaval, and the coronavirus pandemic has prompted both. The stage is set for Zell to pounce, according to Crain’s Chicago. “It’s
source https://therealdeal.com/2020/03/23/the-real-estate-market-is-in-distress-what-will-sam-zell-do/
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