Monday, 16 April 2018

Where does Chicago stand in the foreign investment pecking order?

The wave of Chinese money pouring into markets like Los Angeles and New York City was going to have one bright, shiny, 98-story beachhead on East Wacker Drive. But in January, Dalian Wanda Group, one of China’s biggest developers, put its 60 percent stake in the $900 million Vista Tower condo and hotel project up for sale. Dalian Wanda’s Vista Tower stake would make it the largest-ever sale of any Chinese interest in Chicago real […]



source https://therealdeal.com/chicago/2018/04/16/where-does-chicago-stand-in-the-foreign-investment-pecking-order/#new_tab

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