Think you know the best in class, the categorical superstars of CRE?
If you can get more than half right, you've accumulated a store of wisdom vast enough to rival the formidable estates, properties and individuals featured in our quiz.
If not, our suite of educational videos can be the foundation of your own meteoric rise up the CRE ladder.
And, if you’re feeling inspired by the end of this quiz, but don’t know where to go to get a foot in the door (that essential first step to greatness), check out our carefully curated Jobs board, where trusted Bisnow partners post open opportunities for ambitious pros.
1
__________ is the tallest building in the US.
The Empire State Building
YOU'RE CORRECT!
All of these were the tallest at time of completion. One World Trade Center is 1,776 feet tall, a beacon of freedom whose height is the same as the year the Declaration of Independence was signed. What else has hidden significance? All those real estate acronyms (enough to make your head spin)! We demystify all the important ones here.
YOU'RE WRONG!
All of these were the tallest at time of completion. One World Trade Center is 1,776 feet tall, a beacon of freedom whose height is the same as the year the Declaration of Independence was signed. What else has hidden significance? All those real estate acronyms (enough to make your head spin)! We demystify all the important ones here.
2
The largest real estate company in the country (by revenue) is
YOU'RE CORRECT!
From its staggering $285B in transaction value, CBRE commands a whopping $11B in revenue each year (almost triple JLL’s $4B). Are you like these firms, bursting with fresh-faced CRE titans-in-training who’d benefit from Bisnow’s wealth of knowledge? Follow Blackstone’s lead and get in touch for a discounted EDU group license by emailing Sarah at mailto:sarah.rotholz@bisnow.com or calling her at 914.844.3727.
YOU'RE WRONG!
From its staggering $285B in transaction value, CBRE commands a whopping $11B in revenue each year (almost triple JLL’s $4B). Are you like these firms, bursting with fresh-faced CRE titans-in-training who’d benefit from Bisnow’s wealth of knowledge? Follow Blackstone’s lead and get in touch for a discounted EDU group license by emailing Sarah at sarah.rotholz@bisnow.com or calling her at 914.844.3727.
3
Which of these moguls is the largest landowner in the US (by area)?
YOU'RE CORRECT!
Cable TV tycoon John Malone owns 2.2 million acres in Colorado, Wyoming, New Mexico, New Hampshire and Maine. Embark on your own land grab after reviewing our guide to Entrepreneurial Real Estate Moves.
YOU'RE WRONG!
Cable TV tycoon John Malone owns 2.2 million acres in Colorado, Wyoming, New Mexico, New Hampshire and Maine. Embark on your own land grab after reviewing our guide to Entrepreneurial Real Estate Moves.
4
The most expensive data center servers are clustered around
YOU'RE CORRECT!
When infinitesimal fractions of seconds are the difference between profit and loss, anything that allows firms to get a competitive edge is highly coveted and dearly paid for. One such advantage is trading terminal proximity to the hubs that process and store information. Data centers close to New York (especially those right across the river in New Jersey) fetch exorbitant rental prices at auctions because they give trading houses and banks a head start. Want to get a leg up and differentiate yourself from the rest? Check out The Most Gripping, Compelling and Tantalizing Questions of Real Estate.
YOU'RE WRONG!
When infinitesimal fractions of seconds are the difference between profit and loss, anything that allows firms to get a competitive edge is highly coveted and dearly paid for. One such advantage is trading terminal proximity to the hubs that process and store information. Data centers close to New York (especially those right across the river in New Jersey) fetch exorbitant rental prices at auctions because they give trading houses and banks a head start. Want to get a leg up and differentiate yourself from the rest? Check out The Most Gripping, Compelling and Tantalizing Questions of Real Estate.
5
Manhattan’s largest apartment complex, Stuyvesant Town and Peter Cooper Village, was acquired by Blackstone and Ivanhoe Cambridge at what price?
YOU'RE CORRECT!
Blackstone bought the property nine years after a previous record $5.4 billion transaction put the complex under Tishman Speyer Properties and BlackRock Realty Advisors' control. Blackstone maintained some affordable housing at the 80-acre enclave, ownership of which was uncertain after its default in 2010. Don’t know multifamily from mixed-use? Check out our video guide to Real Estate Asset Classes and What Makes Them Special.
YOU'RE WRONG!
Blackstone bought the property nine years after a previous record $5.4 billion transaction put the complex under Tishman Speyer Properties and BlackRock Realty Advisors' control. Blackstone maintained some affordable housing at the 80-acre enclave, ownership of which was uncertain after its default in 2010. Don’t know multifamily from mixed-use? Check out our video guide to Real Estate Asset Classes and What Makes Them Special.
6
Which of these signature buildings commanded the highest construction cost?
YOU'RE CORRECT!
$4.24B to build, the Cosmopolitan is the most expensive, though all five are in the 10-figure club. Interested in learning more about raising capital and structuring a deal? This Real Estate Finance video is for you.
YOU'RE WRONG!
$4.24B to build, the Cosmopolitan is the most expensive, though all five are in the 10-figure club. Interested in learning more about raising capital and structuring a deal? This Real Estate Finance video is for you.
7
What American university owns the most land?
Sewanee: The University of the South
United States Air Force Academy
YOU'RE CORRECT!
All rank in the top 10 greatest landowners, but Berry’s 27,000 acres establish it as No. 1. These schools are all great, but for a practical crash course in all things CRE, check out our guide to real estate's greatest questions, designed to help fuel your success in the sector.
YOU'RE WRONG!
All rank in the top 10 greatest landowners, but Berry’s 27,000 acres establish it as No. 1. These schools are all great, but for a practical crash course in all things CRE, check out our guide to real estate's greatest questions, designed to help fuel your success in the sector.
8
Which billionaire American citizen is the richest real estate tycoon?
YOU'RE CORRECT!
Donald Bren’s worth $14.4B, more than double the second-richest LeFrak ($6.1B). Ready to build your own real estate empire? You’ll have to be well-versed in The Delicate Art of Negotiation. This lesson arms you with strategies to dominate the board room.
YOU'RE WRONG!
Donald Bren’s worth $14.4B, more than double the second-richest LeFrak ($6.1B). Ready to build your own real estate empire? You’ll have to be well-versed in The Delicate Art of Negotiation. This lesson arms you with strategies to dominate the board room.