Roosevelt Real Estate Gala!
|Last night, though Pritzker Realty's Penny Pritzker reported the recession's end isn't in sight yet, Roosevelt University faculty, alumni, students, and friends could still enjoy each other's company, as they packed the Four Seasons to raise funds for the University.|
Penny spoke candidly about her experiences on the President's Economic Recovery Advisory Board, saying that the loss of retail and construction jobs was a major blow because commercial real estate creates about 13% of the GDP. Prices have plunged 40-50% this year, and there's 95% less activity than last year, she added.
Hispanic Housing Corporation's Hipolito ?Paul? Roldan (second from right) received the Lifetime Industry Leadership award for developing 3,100 affordable housing units and using his $100k fellowship from the MacArthur Foundation to establish a scholarship for young Hispanic industry leaders at Roosevelt. He's joined by Clark Hill Attorney's John Joyce and his students Milo Aguilar and Babson Capital's Elvin Velez.