Sam Zell says the era of "pretend and extend" is over and shares other insights on the current climate for investment.

The Interim Multiple Dwelling program has been in existence since 1982. The program was created to protect those living in commercial and manufacturing buildings, and to require owners to legalize the buildings for residential use. What was mean...

The industrial real estate sector was severely impacted during the 2008-09 recession, and has subsequently lagged in the early stages of the U.S. economic recovery...