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Newsum on the New Normal

New York
Newsum on the New Normal
Jeremy Newsum
ULI chairman Jeremy Newsum shared his thoughts on the role of real estate in the current recession and how the business is changing as result. He opined that a “flexible and adaptable” real estate business that attracted the brightest professionals was necessary for bringing the best resources and strategies to bear. Long-term strategies implemented by dedicated real estate professionals focused on ownership and appreciation over current income would be a return to business fundamentals and best practices. The next era could be a return to the real estate business using money instead of the money business using real estate.
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