Title: Profile Of Sam Zell, Mobile Home Park Investor
1Profile Of Sam Zell,
Mobile Home Park Investor
- By Mobile Home Investors Academy
2Sam Zell is one of, if not the worlds largest
investor in mobile home parks.
- How has this served him? What is his approach?
What does the investing legend see ahead for the
market?
3Sam Zell
- Founder of Equity Lifestyle Properties (ELS), Sam
Zell is recognized as one of the leading, most
significant manufactured home community
operators, as well as the largest apartment REIT,
and a leading office REIT. According to Forbes,
Zell is one of the worlds richest individuals
with a net worth of almost 5B as of March 2015.
Zell is a well-known philanthropist, and former
owner of the Chicago Cubs, and several other
companies, including Equity Office Properties
which sold for a record 39B to Blackstone.
4Zell on Real Estate Investing
- We are not building any more manufactured housing
communities. Not in my backyard. and therefore
demand is increasing, the supply is limited. Due
to this equation Zell adds I dont know of any
stock or any company that Im involved with that
has a better prospect than Equity LifeStyle.
5The Future for Mobile Home Park Investors
- Additional factors that Zell brought up which
should continue to boost the profitability of
this asset class include the new Fed rate hike,
foreign currency and economic issues, and the
potential for a new recession ahead.
6For more information
- Their future success may be augmented by adopting
some of the best practices of their billionaire
predecessors such as focusing on superior
management, and better customer service.