Sentences with phrase «foreign real estate investors went»
Foreign real estate investors went on a buying binge last year, acquiring a record $ 91.1 billion in properties in the U.S. — more than double the amount spent in 2014, according to New York City - based research firm Rea...
http://www.nreionline.com/ Not exact matches
«The LPTs are hunting for yield and really looking for acquisition opportunities to make their money work,» says James Fetgetter, chief executive of the Association of Foreign Investors in Real Estate, based in Washington D.C. «This is clearly a country that is going to provide an increasing amount of capital to the U.S.. There's no reason for that to stop.»
Fully 10 % of new condominiums being built in central Toronto were going to foreign buyers, according to a survey released in April by the Canada Mortgage and Housing Corporation (CMHC); veterans of the city's rough - and - tumble real estate market believe the vast majority are mainland Chinese investors 10 % doesn't seem like a big number and we're told that Chinese buyers are only interested in luxury priced properties.
Wealthy buyers, baby boomers and foreign investors went on such a spirited real estate spending spree in 2014, they are «driving the GTA market more than ever» and making even the $ 1 million - plus condo a hot commodity.