commercial real estate

“In 1991, when the light switch went off for real estate, The real estate industry found itself completely without a lending community to service it. All commercial real estate. So it didn't matter whether you had an apartment, a shopping center, a hotel, an of…”

“And the other one is the office building finance business is desolate. There are no lenders for office. At any level, at any attachment.”

“Up until that moment, the bond market had no active or access points, active participation or access points into real estate. And I kind of opened that door or built that bridge for that wealth of money to kind of come in and express itself into real estate.”