Chairman of AREA (Apollo) William Mack on CNBC
November 11, 2009
William Mack, the founder and chairman of AREA Property Partners, formerly Apollo Real Estate Investors was on CNBC. He seems to generally share the same view as Soros and Ross.
He focuses in on consumer confidence as the driver for a recovery. The four things are: 1) job recovery, 2) home price recovery, 3) access to [...]
George Soros: CRE Bloodletting To Come
October 30, 2009
There has been an increasing amount of optimism within some CRE circles that the distress is somehow going to not materialize. We’d like to agree, but we’re waiting for the employment and wage growth numbers to markedly turn before we start to believe the same thing, though it is comforting to know though that we’re [...]
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