William Procida is the president of Procida Funding & Advisors, an Englewood Cliffs, N.J.-based advisory company.
Im driving down the highway in a turbo-charged Ferrari and I just got passed by a minivan doing 100 miles per hour. In the drivers seat of the minivan is a local banker, in the passenger seat is the Federal Reserve, and in the back, eating Happy Meals and playing with video games, is the American tax payer. He is completely unaware of what has happened. In my rear view mirror, theres another minivan trying to pass me.
Start your Real Estate Finance Intelligence service today for full access
Not ready to subscribe? Register today for a free trial.
Feb 27, 2014 - Samantha Rowan
Manhattan’s Midtown South market attracted frenzied demand over the past couple of years, and Will Silverman, a managing director at Studley, believes this year will be no different.
Feb 19, 2014 - Eleanor Duncan
Century Bridge Partners believes the challenges of investing in China are in many ways similar to investing in any other emerging market, with picking the right local operating partners at the top of the list.
Feb 07, 2014 - Samantha Rowan
The Carroll Organization, an Atlanta-based real estate owner and operator, is looking to move from a strategy of stabilizing and selling distressed assets to buying and owning for longer term periods.
© 2014 Institutional Investor LLC. All material subject to strictly enforced copyright laws.
Please read our Terms and Conditions,
Cookies before using the site.