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Downtown Chicago's condo development boom has ended. Here's why

For the first time in years, there are no new large condo projects under construction in downtown Chicago. Roughly 2,500 condos have been developed downtown since 2015 as multiple towers were constructed, and about 600 of those units are still available, said Gail Lissner, managing director for Integra Realty Resources. But the high cost of construction and high interest rates, which are ...
Central Region United States Gold Coast Jonathon Cordell Gail Lissner Integra Realty Resources
Source: yahoo.com

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Arabella searches for housing's 'missing middle'

ACT Property Council’s new president Arabella Rohde… “I made villages from Lego and was a big fan of SimCity, I guess that’s where my love affair for property began.” Photo: Belinda Strahorn THE days of the “McMansion” could be numbered and ACT Property Council’s new president Arabella Rohde said the solution to greater diversity in housing lies somewhere between a large home and unit – the “missing middle”. Ms Rohde, the council’s first female president, argues now is t...
Australian Capital Territory New South Wales Belinda Strahorn Arabella Rohde Property Council Lendlease Development

Arabella Rohde to head Canberra Property Council

President of Canberra Property Council of Australia, Arabella Rohde. Elected on Monday (March 1), Ms Rohde, a senior development manager at Lendlease Development, will now head the council’s ACT division, and is focused on the recovery of the property industry after the tough year that was. “We have lost 10,000 jobs in Canberra in the last year and the property sector amongst others was greatly affected,” said Ms Rohde. “We must continue to work closely with our elected members, governm...
Australian Capital Territory Arabella Rohde Adina Cirson Travis Doherty Canberra Property Council Of Australia Property Council

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