Sam Zell is truly one of the world’s best investors. This is a remarkable, candid, and in-depth conversation with a Bloomberg reporter on the real estate implications of the Coronavirus as well as the general market and the way the virus may change our lives.
One of the sectors he says will have major heartburn is the oversupplied retail market. It’s not going to help any when landlords are getting letters like this from blue-chip tenants like Starbucks.