my conversation with brookfield ceo. carol: then something fun.ow to spend a million dollars on art. this is bloomberg businessweek at milken. ♪ ♪ carol: welcome back to "bloomberg businessweek." i am carol massar. jason: i'm jason kelly. join us every day on the radio from 2:00 until 5:00 p.m. wall street time. listen and subscribe to our podcast. carol: you can find us online at businessweek.com and on our mobile app. here i hosted a real estate panel with some of the most prolific names in the industry. we are talking about tom barrick, jonathan goldstein, michael nelson and robert morris, and brian kingston. he joined me for a one-on-one conversation. >> we are in the midst of one of the longest recoveries and will probably be the longest recovery in u.s. history. clearly we are later in the cycle. the offering is very strong. we have strong gdp growth, low unemployment, low interest rates, and supply in most of the real estate sectors. carol: you see that continuing? >> i see that continuing. that's a favorable backdrop for investing in real

jason: speaking of brookfield, i sat down with the ceo of the firm.an almost call him the warren buffett of canada. the reason he is so important and this firm is so important right now is because they are nipping at the heels of blackstone in terms of assets managed around the world. they have property everywhere from manhattan, canary wharf in london, infrastructure everywhere. carol: that's something you have really done into with it. jason: absolutely. they are on the forefront of trying to figure out if these public-private partnerships will work. here's what we had to say. >> inevitably, all infrastructure will transfer into private hands, but until the point that governments are governmentsched, or and the individuals who run them are pushed, it's easier not to do it. people yell at you when they have to pay for the toll on the road they did not have to pay for. it's going to be slow in the otc countries, but it's coming in -- otc countries, but it's coming in eventually. jason: is there still appetite for that investment? >> yes, there is a lo

my conversation with the brookfield ceo. carol: then something fun. how to spend a million dollars on art. this is bloomberg businessweek at milken. ♪ carol: welcome back to "bloomberg businessweek." i am carol massar. jason: i'm jason kelly. join us every day on the radio from 2:00 until 5:00 p.m. wall street time. also, catch up on our daily show by listening and subscribing to our podcast at itunes, soundcloud and bloomberg.com. carol: you can find us online at businessweek.com and on our mobile app. here at milken, i hosted a real estate panel with some of the most prolific names in the industry. we are talking about tom barrick, jonathan goldstein, michael melton, and robert morris, and brian kingston. blackstoneeo of property partners. brian kingston joined me for a one-on-one conversation. brian: we are in the midst of one of the longest recoveries and will probably be the longest recovery in u.s. history in a couple of months. clearly, we are later in the cycle. the environment is very strong. we have strong gdp growth, low unemployment, low i

. >> reporter: the point guard for the trailblazers grew up in east oakland's brookfield village. he comes back every year to serve a community picnic and hand out school supplies. >> stop, you just did it again. >> reporter: at oakland high, you can't walk into the gymnasium without seeing his face plastered on every wall. in his old coach cannot wait to see his former player take on the home team. >> oakland versus oakland, this will be fun. >>> orlando watkins says his story is inspiring the students 11 years after he graduated. >> he is an integral part of oakland high and oakland itself. >> reporter: it is no surprise that their loyalties are divided. >> i want him to win just because he's never been in this situation for the playoffs and playing in his home town. >> reporter: a lot of kids like the warriors, but a lot of kids like damien lillard more. he's been in the gym and talked about school and talk to them about grades. >> reporter: as for the billboard, student cited is a case of trolling that occluders won't mind. spiders and oakland narrows that, you know what i mea

brookfield. >> and so the confusion bound to land on warriors fans who live in oakland and watched damian lillard grow up there. they've gone on the record before. >> he always kept a ball with him. he always wanted to be around outside courts or inside courts. >> what you see with damian, i followed his career. every time he doesn't get something, he does something to get better. >> i think it's a storybook moment. >> the damian lillard who sat down today arrives in town hoping to knock off a team he grew up worshipping. oakland still runs through his veins, a player who has a lifetime relationship with oracle arena. >> i was with my brother and my dad, and we was walking out the arena. i told them the next time i play here, i'm going to be in the nba. >> so that came true. he is now a bona fide nba all-star, a former rookie of the year making roughly $28 million a season. en route to sharing a court with the two curry brothers head to head in the western conference final. is he looking forward to saying saying -- seeing that, a reporter asked? >> not really. it's cool that brothers get

the point guard for the trailblazers grew up in east oakland's brookfield village. he comes back every year to throw a community picnic. his face is on every wall in the gym. >> this is a storybook moment. this being the last year aying in oakland. >> i want them to win. they have never been in a situation like this.. tough call. as for the billboard, students say it's a case of trolling, all in good fun. >> we are still waiting for the warriors. >> me, too. >>> the sharks are headed to st. louis tomorrow, tied right now in the western conference finalists. >>> the st. louis blues beat the sharks last night. the final score was 4-2. the playoffs have been proving fans loyalty and support alover san jose. band showing their spirit yesterday at yuki sushi, one of the most popular wills on the menu is the big pavel ski named after the sharks captain. >> it's a funny story, five or six years ago i thought i would join him and his wife, they collaborated every day. they named a roll after him. >> this series is now tied at one game apiece. >>> a decision is expected toda

brookfield. >> but damian lillard who sat down today arrives fresh from an unexpected seventh game victory in denver, a memorable series with amazing shots and one game that went four overtimes. this is a young man who remembers being in a high school basketball game at oracle arena. >> i was with my brother and my dad. and we was walking out the arena. i told them the next time i play here, i'm going to be in the sty ou how as a fourth grader, his cousin sneaked a peek inside the bag carried by the then warrior mascot. >> so he opened it up. thunder suit was in there, part of his suit was in there. and there was some nikes in there that he used to wear with his suit. so we standing there, open up the bag. and this bald headed dude come walking out. hey, what y'aas >> and now the question does thunder remember that moment? one other interesting story. a reporter asked the question is it going to be interesting? well he look forward to seeing the curry brothers play against each other in the series. his answer was interesting, no, not really. it's cool the two brothers get to play against e