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Who’s the Biggest REIT in Town?

From his perch onstage at the Pierre Hotel last Thursday, Bill Ackman looked down his nose on REITs.

“You can make more money on a single real estate deal than as a REIT,” he said at the 16th annual REIT symposium hosted by the N.Y.U. Schack Institute. Mr. Ackman, who made at least some of Read More