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 Barry Sternlicht

Who likes the Sheraton? (Raises hand). W Hotels? Sure. St. Regis? Definitely. Talk about icons in the hotel industry, and we’re not talking about the one-of-a-kind diamonds in the rough like the Hilton or Trump (sorry, Donald), but the ones you see everywhere. You have to imagine that there’s a real estate guru out of many major real estate players in the game responsible for such a franchise of gigantic proportions, and you’re correct.

His Name Is Barry Sternlicht, CEO of Starwood CapitalBarry Sternlicht-1

It just so happens that Barry Sternlicht in his bid to become the “King of Hotels,” (which wasn’t hard to do) as well as Hot +0.83% and Resorts Worldwide, he revolutionized the hospitality industry with hotels popping up like newborn rabbits given his hands-on approach to the marketing and expansion of such brands.

He, in fact, was directly responsible for the Westin “Heavenly Bed,” not only a luxury you’d find in those hotels but an additional revenue source of marketing for homeowners to even update their own homes, thereby dabbling into the residential real estate market for current homeowners interested in property values and ROI when selling homes. Smart move.

Luxury. Retail. Some of the finer details. That’s Barry Sternlicht to a tee, focusing on the minute, the stuff we don’t see. Like crystal manufacturer Baccarat, a purchase allowing him to feature such incredible crystal chandeliers in a hotel that it would remain a staple in the hospitality industry and make him a trendsetter.

It’s About Imagination. Innovation. And Growth.

And Barry Sternlicht epitomizes that in true form. Who knows what else he will have in store for us in the future as he continues to try and reinvent himself in this industry, whether it’s residential, construction, home design innovation, or the hotel industry. As far as real estate gurus go, Barry Sternlicht goes pretty darn far!