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Industry's Leading Global and Luxury Real Estate Summit Brings Hundreds of Top Executives and International Investors to Chicago

International Investors, Particularly from Asian Countries, are the Largest Component of Global Purchases and Dominant Force in Luxury Real Estate Markets; the Asian Real Estate Association of America Chose to Host Its Annual Summit in Chicago for Its Historic Rise in International Real Estate Activities.

AREAA Logo.

News provided by

AREAA

Apr 08, 2015, 02:14 ET

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CHICAGO, April 8, 2015 /PRNewswire-USNewswire/ -- The Asian Real Estate Association of America (AREAA), the nation's largest trade organization focused on Asian American real estate issues, will host the 2015 Global and Luxury Real Estate Summit, April 19-21st, at the Trump International Hotel and Tower, in Chicago, IL. Representatives from some of the largest names in International, Commercial, and Luxury Real Estate will be in attendance. With dozens of representatives from China, Japan, Singapore, Thailand, India, Hong Kong, the UK, France, Canada, and Mexico, this is the preeminent Global and Luxury Real Estate Summit this year.

Why: In 2014, Chicago experienced a meteoric rise on the international real estate scene, particularly with investors from Asia. In the past 18 months, Asian investors have ramped up purchases in Chicago, evidenced by the $300M+ purchase of 311 South Wacker Dr. by Chinese investors in March, the Japanese investors purchase an office tower at 203 N. LaSalle for $111.5M in April, and the acquisition of multiple office towers at both 225 W. Wacker Drive and 161 N. Clark St. by a South Korean investment firm. The proposed 88-story luxury towers on East Wacker by the Beijing-based Wanda Group, estimated at a nearly $900M investment, demonstrates a continued interest by Asian investors in the city. The staggering amount of capital being invested in Chicago proves that Asian investors are now looking outside the traditional "gateway" cities when spending their money.

The Global and Luxury Summit will showcase over a dozen sessions covering all aspects of luxury, international, and commercial real estate, with top level speakers and guests. The main focus of the Summit will be Asian investment in these arenas, and how their influence is shaping the global real estate market. Among these sessions will be an EB-5 panel covering how to secure international funding and how to invest in current initiatives; an intimate Q&A with Chezi Rafaeli and Sanjay Shah, the agent/client duo who set the sales price record for the city of Chicago with the purchase of the penthouse at the Trump International Hotel and Tower; and an exclusive panel discussion with Donald Trump Jr.

Other top speakers include: Philip White of Sotheby's International, Gino Blefari of Berkshire Hathaway Home Services, Rick Davidson of Century 21, Dean Qingyun Ma of the USC School of Architecture, Sherry Chris of Better Homes & Gardens Real Estate, Ifei Chang of Greenland US Holdings, Sean Muellers of Wanda Group, and many others.

Where: Trump International Hotel and Tower, Chicago, IL.

When: April 19-21st

Who: The Asian Real Estate Association of America (AREAA), established in 2003, is a national business trade organization focused on expanding housing opportunities for Asian American communities and creating business opportunities for real estate business leaders who serve this growing market. With over 14,000 members worldwide, AREAA is the largest trade organization representing Asian American interests in real estate.

Contact: Scott Berman, 619-770-9030, [email protected]

Logo - http://photos.prnewswire.com/prnh/20120322/DC74669LOGO

SOURCE AREAA

Related Links

http://www.areaa.org

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