By Jim Costello on March 6th, 2018
Cross-border investors in U.S. commercial real estate are not a uniform bunch. Take a look at their preferred target markets in the U.S., for instance.
Manhattan was comfortably at top of the shopping list of Asia Pacific investors in 2017. For European investors, their top choice was Manhattan but by a much smaller margin. For Canadian investors, Manhattan only came in at #3, a long way behind Houston and a hair behind Chicago. Houston, in fact, was the #2 destination for cross-border investors overall last year.
This data first appeared in the US Cross-Border Compendium, published on Feb. 28. If you are a current RCA subscriber log into your account to download the report and data file from the RCA website. To get more information about becoming an RCA client, contact us.