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The problem with real estate is that it's local. You have to understand the local market.

Commercial real estate always trails residential, and as residential growth flourishes, shopping centers flourish and service the communities, and jobs come out.

Real estate deals a lot with the government. It isn't like manufacturing, logistics, home appliances or the auto sector, which deal with consumers.

I view real estate as the most intriguing opportunity that I've seen in my business lifetime.

I think of real estate as a little bit like cooking or like art.

In the real estate business you learn more about people, and you learn more about community issues, you learn more about life, you learn more about the impact of government, probably than any other profession that I know of.

Half of this business is politics. As real estate developers, it's our job to go in there and get beat up.

I am interested in classic building development, such as hotels and residential homes, rather than commercial properties.

In the commercial real estate business, brokers spearhead major accounts. But they wouldn't have customers without the people who oversee construction.

My father's not the type of person that teaches you by saying, 'Come here, son. I'm going to tell you about real estate.' You learn by watching it. If you don't pick it up, it's your problem.