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Property News for 7 January 2022
Gold Coast condo once owned by actor Vince Vaughn sells for $4.9M
Chicago Tribune - 7 Jan 2022 18:53
The condo is located on the 35th floor of the Palmolive building.
With more than half a million Americans unhoused, the U.S. is still struggling to solve the homelessness crisis
CNBC - 7 Jan 2022 17:12
The Covid pandemic caused a surge in housing costs and a rise in unemployment, leaving nearly 600,000 Americans unhoused in 2020.
Chicago's architectural community is trying to diversify with the help of a new UIC fellowship and a project led by Skidmore, Owings & Merrill designer Tiara Hughes
Chicago Tribune - 7 Jan 2022 16:21
UIC alumni Raymond Hartshorne and James Plunkard committed $500,000 to UIC's School of Architecture aimed at increasing diversity among students obtaining a UIC architecture education. We talk with the first fellow Marti...
China's real estate problems are spreading even to once-healthy developers
CNBC - 7 Jan 2022 11:49
Shimao Group shares briefly plunged more than 17% Friday after Reuters reported the property developer failed to make full repayment on a trust loan.
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