The U.S real estate market is still very appealing to many foreign investors. In fact, the apartments are still the number one real estate property that most foreign buyers like to acquire.
RealtyBiz News reports that a survey has been conducted among the members of the Association of Foreign Investors in Real Estate. The result proves that overseas buyers are still eager to acquire real estate properties in the U.S. particularly the apartment buildings.
It is noted that in 2015, there is already a huge investments coming in from foreign investors who are acquiring apartment buildings. Based on the result of the survey, "nearly two thirds expects to make major or modest increases in their investments in real estate in the US while a third anticipate maintaining their current investment levels." This only implies that the most of these foreign investors are not planning to reduce their investments.
Report also states that the respondents of the survey are "numbered amongst the largest institutional real estate investors and it's estimated they have around $2 trillion or more in property assets under management." It is inferred that this kind of investors opt to acquire "industrial and multifamily properties" than other real estate property types.
NREI Online says that "the volume of investment in apartment properties that involved foreign buyers grew 180 percent in 2015." This information is taken from New York City-based research firm Real Capital Analytics (RCA).
As stated in the report, 2015 was a banner year for international investment in the US real estate market. Major investors in the apartment buildings are the Canadians. It is stated that total investment of the Canadian investors has a rough estimate of $10 billion in U.S dollars. Other investors are from Middle East like Qatar or Bahrain, which contribute a total investment of $1.6 billion.
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