Richard LeFrak on CNBC With a Wait and See Attitude

April 27, 2010

Tweet Richard LeFrak of the LeFrak Organization was on CNBC with Maria to discuss commercial real estate. He continues to be somewhat cautious and is taking a “wait and see” approach, though there is certainly more cautious optimism out of him. Echoing his comments, multifamily continues to be hot with investors scrambling to take a […]


LeFrak and Flexner on CNBC

March 3, 2010

Tweet Tom Flexner, head at Citi Global Property and LeFrak of the LeFrak Organization on CNBC. Lots of capital sitting on the sidelines, and LeFrak is trying to figure out how to deploy it. Flexner’s answer: reduce your return requirements.


Wilbur Ross, LeFrak Interested in Stuyvesant Town

January 25, 2010

Tweet A partnership between Wilbur Ross and Richard LeFrak have expressed interest in Stuyvesant Town, from management to outright acquisition. And they have the funds to back it up: “We are not really capital-constrained, so we can put up whatever is needed,” Ross said in a telephone interview. “We’re prepared to go all the way.” […]


Wilbur Ross, Sam Zell, Richard LeFrak on CNBC – The Billionaire’s Roundtable

December 2, 2009

Tweet CNBC featured a two-part “Billionaire’s Roundtable” featuring Wilbur Ross, Sam Zell, and Richard LeFrak. Some of the slogans: “Dilution is the Solution”, Owners in “Negative Leverage Purgatory”, “What Happens in Dubai, Stays in Dubai”. The discussion tackles commercial real estate, newspapers, emerging markets, retail, and gold. CNBC also calls Sam Zell out on the […]


Video: LeFrak on Commercial Real Estate

November 12, 2009

Tweet Richard LeFrak is the billionaire head of The LeFrak Organization, a group with investments in thousands of apartment units, millions of square feet of office space, and hotels and other assets, with a concentration in New York. On banks… Death by a thousand cuts On CRE problems… in 2nd or 3rd inning