Equity residential mourns death of founder and chairman samuel zell

Chicago--(business wire)--it is with profound sadness that equity residential (nyse: eqr) mourns the death of its founder and chairman, samuel zell, who died today at age 81. mr. zell was an iconic figure in real estate and throughout the corporate world. an active investor in real estate since the 1960s, he helped revolutionize the industry through the popularization of the real estate investment trust (“reit”) structure in the 1990s, democratizing the ownership of publicly traded real estate.
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