Afterword
As co‐founder and chairman of Kimco Realty, I've been in the real estate business for quite a while. Several decades, in fact. You can learn quite a lot in a time frame like that if you only have the drive to do so, and “drive” I have in spades.
In 1966, I joined forces with a handful of shopping center owners and real estate investors, including Martin Kimmel, to form a single entity with a single purpose: to build a real estate empire. And that's precisely what Kimco, now one of the world's largest owners and operators of neighborhood and community shopping centers, has done ever since.
That kind of reach brings profits with it, yes. Plenty of them. It offers countless opportunities to influence as well, and I appreciate every single one that comes my way. But there's a third aspect that too few people think about when contemplating running a company like Kimco.
By that, I mean human connections: the chance to meet people I would never have met otherwise.
I have a large list of such people at this point, with the late Ralph Block being one of them. I was – and still am – proud to call him a friend of mine. He was such a prolific author who wrote countless articles about REIT investing, not to mention Investing in REITs, a book that made such an impact it went on to be published four times.
The reason he did all that wasn't for the fame or fortune. It was because he genuinely wanted to better educate people about how to more firmly secure their financial futures. ...
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