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How Chicago recorded $12.5B of CRE foreign investment and 2,600 murders at the same time

from Bisnow

Qatari Sheikh Faisal bin Qassim Al Thani was “scared to death” to visit Chicago. In 2012, the sheikh, with a net worth of $2.4B, was drawn to investment opportunities in Chicago real estate, but even from his home 7,000 miles away he grimaced when watching the news on television. Like so many others, he was deeply troubled by vivid news reports on CNN and Sky News depicting tragic shootings of children and violent gang turf wars. more

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