Zell: non-traded REITs lack alignment
The property doyen, who built several of the biggest publicly-traded REITs, told NYU’s real estate conference, ‘you don’t have billionaires running these funds and they don’t own any part of it themselves.’
The property doyen, who built several of the biggest publicly-traded REITs, told NYU’s real estate conference, ‘you don’t have billionaires running these funds and they don’t own any part of it themselves.’