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The Optimist.

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  • Author(s): Blankfeld, Keren
  • Source:
    Forbes. 2/14/2011, Vol. 187 Issue 2, p62-64. 3p. 1 Color Photograph, 2 Charts.
  • Additional Information
    • Subject Terms:
      Zell, Sam, 1941-2023; Real estate investment; Real property; Equity International Inc.; Emerging markets
    • Subject Terms:
      Colombia; China
    • Abstract:
      The article discusses real-estate investor Sam Zell. His specialty throughout his career has been purchasing distressed properties with good prospects for recovery, particularly in growing cities. In the aftermath of a real-estate bubble in the U.S. he does not believe there will be many attractive opportunities in distressed real-estate due to low interest rates. Consequently, he is focusing more attention on emerging markets. His private investment company, Equity International, has around $1.5 billion of investments in several emerging markets including Brazil and Colombia.