Net Present Value: Accept or Reject?

photo credit: vivalars This is a beginner’s guide to Commercial Real Estate Analysis, so let’s cut the technical fat and get straight to the point. Recall the following posts: Time Value of Money – If you were offered ‘$100 in the future’ or ‘$100 today’, you would prefer the money today.  Why? Because at that specified moment in the future, the …

How to Spot 4 Commercial Real Estate Billionaires: Nature (Conclusion)

As we wrap up our four-part series featuring the unique qualities of Commercial Real Estate Billionaires, we remember the vision it takes to build super communities and super wealth, the courage it takes to remember your vision and believe in your own capability, the action it takes to move your beliefs forward, and finally, we summarize with the basic nature …

How to Spot 4 Commercial Real Estate Billionaires: Action (Part 3 of 4)

A personal favorite and a slight diversion from the series, the third installment of How to Spot 4 Commercial Real Estate Billionaires features Sam Zell, the 60th richest person in America, weighing in at $4.4B. Rather than underwrite Sam myself, I’ll let him tell the story in the following interview transcript on Jan. 27 2011, Sam Zell’s “Advice to Entrepreneurs”: …