He adds that the firm is also looking into new avenues of business, including more consulting, advisory and third party management work. "We're also seeing a lot of the fruits of our labor over the past two or three years finally come to fruition," Klein tells GlobeSt.com. "Deals that were stalled for court reasons or permitting situations have now started to turn lose, and those projects are going to accelerate."
Part of Klein's success can be attributed to his optimism. "If we all got up in the morning and looked at the clouds in the sky, we probably wouldn't get out of bed," he relates. "I'm a subscriber to the idea that we are going forward, not backwards."
As far as where the world is going, "there is a lot to be determined over the next few months," Klein says. "But we are starting to see opportunities crop up because people are more positive." Though he admits that we are likely to face more stress ahead, "most of the banks and insurance companies are trying their best to work out deals. If everybody agreed to stand still at this point in time, we'd come out of this downturn much faster."
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