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Hillwood's Ross Perot Jr. Sees Real Estate Recession As Banks Pull Back

Lack of Construction Loans Will Likely Lead to a Recession, Dallas Billionaire Says
Ross Perot Jr. is the founder and chairman of Dallas-based real estate firm Hillwood. (Hillwood)
Ross Perot Jr. is the founder and chairman of Dallas-based real estate firm Hillwood. (Hillwood)

Ross Perot Jr., one of Dallas-Fort Worth's billionaires and real estate tycoons, sees a potential recession for commercial real estate on the horizon if developers can't land a construction loan.

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