Interest rates are going to go up because employment is going to go up. If employment goes up, then our apartments get filled. And if employment goes up, our office buildings get filled. The reality is that increased economic activity combined with increased interest rates is basically bullish for real estate.

I've always been called a professional opportunist, and in the future I'm open to anything. We've spent a lot of time offshore, looking at opportunities in real estate outside the United States.

I can’t imagine anything being more disastrous to our country than if the dollar lost its reserve-currency status.

Just by being private, the culture will change. We won't be forced to make decisions that are 90 days in relevance.

In my case, if one out of five opportunities is interesting enough to work on, maybe one in five of those ends up being worth doing. That might be a function of risk. That might be a function of price. There are all the variables. But you have to be constantly sorting and choosing and prioritizing.

If you could find a major city that actually had a functioning, good public school system, you should buy all the real estate.

The reality is that I need to be challenged and interested, as long as the risk and reward is in line.