Wednesday, January 07, 2009

Real estate power broker dead of apparent suicide - CNN.com

Real estate power broker dead of apparent suicide - CNN.com

The body of Steven L. Good was found in his Jaguar on Monday. The car was spotted in a parking lot of a wildlife preserve in Kane County, Illinois, just outside Chicago, authorities said.

No note was found, and police say they do not know how long the 52-year-old had been in the vehicle.

Good was the chairman and chief executive officer of Sheldon Good & Co., a major U.S. real estate auction company.

The death comes amid great turmoil in the country's real estate industry. In his role as chairman of the Realtors Commercial Alliance Committee, Good commented on tough conditions last month at a business conference.

On a memorial blog set up by the Chicago Association of Realtors, for which which Good once served as president, friends and colleagues described him as a gregarious man with a big personality. He was a savvy businessman who built his company into a major national real estate company that did deals with Donald Trump, they said.

"It is testimony to Steve's leadership that Sheldon Good & Co. remains well-positioned for the future," said Sheldon Good President Alan R. Kravets.

"The guy was a true blue Realtor," said Barbara Matthopoulis, the association's spokeswoman.

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