For all property types combined, as with
total global capital flows into the U.S., New York is the leading destination for Canadian real estate capital, followed by Boston and Broward County in Florida, which made the list due to a significant hotel acquisition.
Some of the
global dynamics, including lower oil prices and slower growth coming out of China, could create some softening in the
total volume of foreign
capital flowing to U.S. real estate in 2016.