Billionaire Sam Zell Passes Away at 81; Started Business Empire at U-M
Samuel Zell started his business empire while a student at the University of Michigan in Ann Arbor, died Thursday from a recent illness.
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Samuel Zell started his business empire while a student at the University of Michigan in Ann Arbor, died Thursday from a recent illness.
With successors in place, two of Zell's REITs may be poised for business as usual after the dealmaker's death. But the loss of their charismatic chairman may remove some of the halo effect the companies enjoyed.
The real estate magnate, known for his bets on distressed assets, died on May 18 at the age of 81.
Equity Commonwealth announced today that its Board of Trustees has named David Helfand to serve as the Chair of the Board, effective immediately. Mr. Helfand has served as the company’s... | June 11, 2023
Billionaire real estate investor Sam Zell has died at the age of 81, his real estate investment trust Equity Residential said in a statement on Thursday....