The Game of Business,Know the Moves…
December 20, 2011 Leave a comment
It was sad reading about Morgan Stanley’s challenge in the Wall Street Journal ,with it’s real estate fund.
These guys are professionals, they should know better as any professional knows every game requires its
players to understand both offensive and defensive plays.
Business is no different you play both an offense and a defense game to succeed !
The Wall Street Journal notes …
” Morgan Stanley has been forced to return about $700 million to investors in its flagship global real-estate fund and to slash fees to persuade them to stick with the firm after a lackluster performance by the fund group, according to people familiar with the matter.
The moves enabled the Wall Street firm to win a crucial investor vote on the future of its $4.7 billion global-real-estate fund this month.
A loss in the vote could have threatened Morgan Stanley’s entire private-equity real-estate investment business, which used to generate large profits before the financial crisis but has been dogged by poor …”
What are your thoughts ?
How do you advise clients when they are considering an investment in real estate ?
Leave your comments below and share your wisdom gained over the many years of practice.
In the event you want to discuss/explore investing in Toronto real estate, we here at Envoy Capitol Realty Inc., brokerage Toronto , Canada are happy to assist you understand the offensive and defensive tactics in investing in real estate.
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