The “jungle” entrepreneurs of real estate are a dying breed, according to billionaire Sam Zell. Zell, chairman of Chicago-based Equity International Group, said on Wednesday that the industry has gone from a “very jungle entrepreneurial environment” to an “institutionally driven” one over the past three decades. These days, fewer investors are playing with their own capital, he noted. “I don’t see that reversing itself,” he said during New York University’s annual REIT Symposium. He said […]