U.S. real estate and Foreign real estate investors

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U.S. real estate and Foreign real estate investors
Portfolio Property Management
Foreign real estate investors across all sectors
are looking to the United States as one of the
hottest investment markets for industrial, office
and multifamily real estate.
Even as New York dropped from its No. 1 spot,
falling to London, the next four hottest markets
for foreign investors in the survey from the
Association of Foreign Investors in Real Estate
were American cities. New York took the second
spot, followed by San Franciso, Houston and Los
Angeles.
"Our members increasing interest in cities
beyond the powerhouses of New York, Washington
and San Francisco points to the recognition of
additional investment opportunities for foreign
investors," said James A. Fetgatter, chief
executive, AFIRE. "However, there is no question
that some relief from burdensome and complicated
FIRPTA laws will be necessary to turn that
interest into meaningful investments." Portfolio
Property Management
The survey of AFIRE members said that the United
States is the most "stable and
secure" country for real-estate investment "by a
wide margin." Survey respondents also said that
the United States is also the best market in
terms of capital appreciation and for real estate
purchases in 2014.
Foreign buyers had scooped up 68.2 billion of
single-family homes in the United States, or
about 7 of all home sales, in the 12 months that
ended March 2013. That's according to the
National Association of Realtors' latest survey
on foreign buyers.
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