Michael Pralle is President and CEO of GE Commercial Finance Real Estate. Prior to this, he served as President of GE Equity.
Pralle previously was President, GE Capital Asia Pacific, where he supervised GE Capital's activities in 15 countries across North and Southeast Asia. He has also served GE Capital as Vice President and General Manager of Distribution Financial Services. Pralle joined GE Capital in August 1989 as Vice President, Business Development on the corporate headquarters staff responsible for M&A activities for half of GE Capital businesses.
Prior to joining GE, Pralle spent six years with management consultants, McKinsey and Co., in their London and Hong Kong offices.
Michael Pralle graduated magna cum laude from Harvard University with a B.A. in Economics, and received an M.B.A. from the Stanford Graduate School of Business.
Interest rate is also a critical issue. We spend a lot of time thinking about interest rates. And what we have here is a comparison of the ten-year bond rate which is the green line in all these charts, to the cap rate, which is the yellow line. And you know what you see for example in Paris, if ...(Full transcript available to logged in subscribers.).
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