RCA in the News

Chinese Exiting U.S. Real Estate as Beijing Directs Money Back to Shore Up Economy

The Wall Street Journal / January 29th, 2019

The Wall Street Journal reports: Chinese purchases of U.S. real estate last year dwindled to their lowest level since 2012, as Beijing kept up the pressure on Chinese investors to bring cash home during a period of worsening economic growth.

Insurers, conglomerates and other investors from mainland China were net sellers of $854 million of U.S. commercial real estate in the fourth quarter, according to Real Capital Analytics. That marked the third-straight quarter Chinese investors sold more U.S. property than they bought, the first time ever these investors have been sellers for that long a stretch.

View the full article on The Wall Street Journal: Chinese Exiting U.S. Real Estate as Bejing Directs Money Back to Shore Up Economy