2nd Chinese Commercial Firm in Financial Trouble
Developer Country Garden can’t meet debt payment deadlines. Unlike the U.S., the Chinese economy overbuilt and has too much housing supply for buyer demand.
Wall Street Thinks American Homes Are Overvalued
With profit as a goal, investors show what they’re thinking by where they put their money – and for now, they’re not putting much money into single-family home projects.
Fla. Developer Helping Rebuild Ukraine with Shipping Containers
Ukraine has lost thousands of homes, and Aventura-based Global Modulars agreed to build a factory there that creates new homes out of shipping containers.
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