The end of the earth

The end of the earth 2007-01-01 Staff Writer <strong>Quotable</strong><br /> <table> <tbody> <tr> <td><strong>“Brazil and Mexico are such large economies that they can really support any size player- there are investment opportunitie

Quotable

“Brazil and Mexico are such large economies that they can really support any size player- there are investment opportunities from very small investors probably up through the larger investors out there.” “The year ahead will largely be determinedby supply-and-demand fundamentals, capital flows and, most of all, the economy.”
Erik Peterson, regional managing partner for Central America at Aureos Capital, referring to the increasing flow of investment capital to Latin America, speaking recently with PERE. Stephen Blank, senior fellow for real estate finance at the Urban Land Institute, on the outlook for the commercial real estate market, quoted in The New York Times.
“Our acquisition guys aren't really acquisition guys – they're really family counselors.” “It's anywhere from ‘we're going to lose everything’ to ‘we're going to make five times our money.’”
John Williams of San Francisco-based Carmel Partners, describing the emotional complexities that accompany doing deals with multi-family asset owners, speaking at the 2007 PERE Forum in New York. Alan Snoddy, senior vice president at New York-based The Church Pension Fund, casting doubt on managers' ability to forecast near-term returns in the Indian real estate market, speaking at the 2007 PERE Forum in New York in November.
“The United States is for sale right now.” “The fundamentals of the country are communist. The land is the property of the country.”
Steve Previs, of Jefferies International, quoted in Bloomberg following Abu Dhabi's agreement to buy a $7.5 billion stake in Citigroup. Steven Murphy of VinaCapital, on investing in Vietnam (see p. 48).