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The Boston Globe

Business

Shirley Leung

Buy or sell? Real estate guru is stumped

If anyone can benefit from experience in the fickle real estate market, it’s magnate Harold Brown who, at 88 years old, is still making deals.

During the Great Recession, when everyone else was selling, Brown was buying, to the tune of $300 million in apartment buildings, most of which have risen dramatically in value over the past few years. His empire is now pegged at $1.4 billion, higher than ever, making him one of the biggest landlords in the Boston region, with some 5,500 residential units and 2.5 million square feet of commercial space.

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