Monday, July 21, 2008

Overlooked Story & More Telling Than Its Headline: He Trades Real Estate for the Presidential Race

Former New York Mayor/Former Presidential Candidate Rudolph Giuliani made headlines yet again, but this time not with politics but with real estate investment. He's partnering up to create a real estate fund. Boring you say? Nah, we say. Just listen...

Here's why you care: If there was any doubt in your mind that the terrible headlines from the financial firms on Wall Street and from your neighborhood's latest real estate prices then consider this - the smart money is shopping. It is like an after Christmas sale for the financial and real estate inclined.

Mr. Giuliani gets it. So do his new partners and the new fund to be named Berman Enterprises Opportunity Fund according to the New York Times article from Sunday that you likely ignored once you realized it wasn't about whether Mr. Giuliani was seeking another office.

America's Mayor's role? The New York Times says he brings in contacts with foreign investors. His partners supply the real estate know how.

Here's why you care even more: That should tell you that if those who can buy, are buying... Well that means the big money is betting long term on the big picture.

Would you like to go along on that ride too? Is the rollercoaster over? Nope, it's not even August. Give this article a read, then consider that this got covered because it was America's Mayor. But, who else is out there buying and creating funds? We think there's more going on than you think. AND, that may be a good thing, an even BETTER thing would be more coverage of it.