Everything You Need to Know About Samuel Zell

Why is Jon Gray on a goldmine? Who is Jon Gray anyway? Well, if you’re intimately involved with a certain real estate giant by the name of Blackstone, you’ll know Jon Gray, but let’s just talk about this guy by the name of Samuel Zell, and it’ll all be clear to you:

Why Samuel Zell Has Made Real Estate Mammoth Headlines

Talk about starting from the bottom…. Samuel Zell epitomizes the American Dream, like a Samuel Zell-1Jordan Belfort, Wolf of Wall Street, but without the scandal and controversy. Starting off as a student from the University of Michigan, this was a man that went first local with a property manager to buy cheap homes, flip them houses, and then rent them to students. Small potatoes, right? Well, you have to start somewhere….

It certainly helped that this man Samuel Zell had the street/book smarts not only to aggressively go after such a business, but to graduate from law school. Now you know this guy Samuel Zell has the backing of a brain meant for success, and with the backing of a senior partner at his previous law firm, he jumped headfirst into the real estate industry with his company Equity Group Investments (EGI).

Now make no mistake — that was a startup. But a successful one at that. Actually, that’s quite the understatement.

The company became so successful, building such a gargantuan real estate empire that turned the heads of many, including one very successful real estate investment firm by the name of Blackstone, who wanted in on the moneymaking power of EGI and worked out a deal for $39BB, the largest buyout in history at the time.

So That’s Why Jon Gray and Blackstone Are Loving Life?

In a way, yes…. Well, they were already successful. But now, they’re so much more. Thanks so Samuel Zell. Now that’s a real estate power player right there, out of many real estate moguls for 2015.

Everything You Need to Know About Joseph Chetrit

Yes, the American Dream. Indeed. That’s one dream out of many, of course, and that dream is real estate. What else can be more American than that, and certainly there was a man from Morocco who thought he could make it happen, and lo and behold: he was correct! Mr. Joseph Chetrit stands as one of many in the current stratosphere of real estate moguls to present an influence of change, innovation and development from a real estate investment standpoint, and here’s why:

Joseph Chetrit and His AccomplishmentsJoseph Chetrit-1

It’s interesting to know that Joseph Chetrit originally grew a family textile business after moving to the U.S. for a good 25 years. Business went well. He then caught the real estate bug and got involved in some of the most pivotal real estate deals to date — seemingly from osmosis! Maybe real estate was always in his blood….

Needless to say, the innate ability to buy up the properties and see the so-called “writing on the wall” turned out to be the winning factor, creatively repurposing such spaces and generating incredible returns to earn him his spot as a trendsetter, a standard in the real estate industry, particularly in the commercial field.

And he’s just one man…. Pretty remarkable. Most notably, though, Joseph Chetrit is known for his infamous purchase of the well-known Sears Tower in the city of Chi-Town, renaming the steel beast to ‘Willis Tower’ back in 2009. Yep. That was him who did that.

Just Reminding You: Morocco and Textiles. And Now a Big Name in Real Estate

Joseph Chetrit is a perfect example that it’s not necessarily about the credentials or even the experience. You have to have a sort of ‘knack,’ a skill and a street smart to really make it in the real estate business. Perhaps you’re thinking about getting into real estate investments? It would help to get in some research and learn from the best: why not learn from the likes of Joseph Chetrit?