Comments on: Sam Zell Tells Wilbur Ross To Piss Off

By: Joshua

Joshua — Sat, 21 Nov 2009 04:34:32 +0000

im not questioning his track record. EOP was the deal of the century. but the deals in the 2000s werent the deals making zell rich. it was buying assets for nothing and holding til the market peaked. the other equity companies are doing well. ill never say the guy hasnt run a great RE company. im talking about zell and his public speaking since mid 2000s. the guy is a blow hard.

By: @JoeStampone1

@JoeStampone1 — Sat, 21 Nov 2009 00:22:46 +0000

It may be hubris, but I think its definitely deserved. Sam Zell has been very successful in this business for a long time, not to mention that the EOP deal was the greatest single deal of ALL time (from a money perspective).

By: J.Red

J.Red — Fri, 20 Nov 2009 23:26:58 +0000

I don't think Zell's track record can really be questioned as he's done very well over time and has been able to exit from a lot of his investments nicely. The Tribune is only one deal, but it is one big highly publicized deal. It takes a lot to be ABLE to buy hotels at today's fire sale prices as it's not too easy to acquire anything in the hospitality space these days.

By: Joshua

Joshua — Fri, 20 Nov 2009 07:15:04 +0000

thats really funny. of course his comments are self serving. wilbur ross has a pretty good track record. buying hotels are fire sale prices isnt exactly a groundbreaking idea. especially if you can stand the carry cost. i really think zell may have peaked when he sold EOP. since then its been nothing but hubris from him.