Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Foreign Real Estate Investors Flocking to the United States
Author: Scarinci Hollenbeck, LLC
Date: March 24, 2015
Key Contacts
Back
The United States has regained its ranking as the world’s largest real estate investment market, according to Cushman & Wakefield’s annual global capital markets report International Investment Atlas.
Globally, real estate investment fell in 2014; however, the decline is solely attributed to decreased land sales in China.
Overall, investment in real estate in the United States totaled $324 billion, representing 16 percent uptick over the prior year. Within the U.S., the most popular target city was New York City with more than $61 billion in investments. It was followed by other gateway cities, including Los Angeles, San Francisco, Washington, D.C., Chicago, and Boston. The report also noted that millennials seeking the right “live/work/play environment” are spurring investment in Nashville, Brooklyn, Portland, and Memphis.
With interest rates projected to remain low and the overall economy expected to continue to improve, the United States should see additional growth in 2015. Overall, Cushman & Wakefield’s predicts global investment volumes will increase by 11 percent in 2015 to $1.34 trillion, led by Europe and the United States.
“In the U.S., leasing markets were slower to respond to the Fed’s stimulus than investment and finance, but they too are now rising and with supply tightening, growth pressures and development opportunities are emerging in a range of cities and sectors. The initial investment rush for core product in gateway cities has now long since been followed by a second and third wave of capital looking to develop in these same top markets or to spread towards second-tier, decentralized or higher risk markets,” stated Janice Stanton, a senior managing director in Cushman & Wakefield’s U.S. capital markets group.
In the hottest U.S. markets, including New York City, the increased competition will likely impact the bargaining power of buyers, both foreign and domestic. Investors may be forced to look for properties outside of their traditional comfort zones and assume more risk in the transactions. Of course, this does not mean that they should abandon smart investment strategies, such as conducting due diligence and negotiating favorable contract terms.
- Industries: Real Estate
- Practices: Commercial Real Estate, Commercial Leasing
- Locations: Red Bank, NJ, Little Falls, NJ, New York City
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Related Posts
See all
Understanding Portability for Estate and Gift Tax
Portability of estate and gift tax enables a surviving spouse to inherit any unused portion of their deceased spouse’s federal estate and gift tax exemption. So, if one spouse doesn’t utilize their full exemption, the surviving spouse can effectively double their exemption amount with regard to estate tax liability. For married couples, portability offers a […]
Author: Marc J. Comer
Pet Trusts in New Jersey and New York: A Practical Estate Planning Tool
For many of us, pets are more than companions—they are members of the family. Yet they are often overlooked or inadequately provided for when it comes to estate planning. A pet trust offers a legally enforceable way to ensure that your animal continues to receive proper care if you become incapacitated or pass away. As […]
Author: Marc J. Comer
How Can Trusts Be Used in Business Succession?
For many New Jersey business owners, a closely held company represents decades of work, financial investment, and personal sacrifice. Trusts in business succession planning are one of the most effective tools for protecting that value, allowing founders to control how and when the business passes to the next generation while reducing the risk of disputes, […]
Author: George McGowan
Read Before You Sign: IT Contract Pitfalls Every NJ Business Should Know
In today’s digital economy, New Jersey businesses of all sizes rely heavily on technology vendors, software providers, cloud platforms, and managed IT services. Whether your company is purchasing software, migrating data to the cloud, engaging a cybersecurity consultant, or entering into a long-term managed services agreement, a careful IT contract review can have significant operational, […]
Author: George McGowan
New York NDA Requirements for Businesses
Non-disclosure agreements (NDAs) remain a critical tool for protecting sensitive business information. However, New York NDA requirements have evolved, and businesses must ensure these agreements are carefully drafted to remain enforceable. In a competitive market like New York City, NDAs are commonly used to protect proprietary information, client relationships, and strategic plans. At the same […]
Author: Dan Brecher
New Jersey Will Contest Grounds Explained
How Courts Evaluate Testamentary Capacity and Undue Influence Will contests in New Jersey are difficult to win, given the strong presumption that a properly executed will reflects the testator’s intent. However, challenges based on lack of testamentary capacity and undue influence remain common, particularly where there are concerns about mental capacity or the involvement of […]
Author: Marc J. Comer
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Sign up to get the latest from our attorneys!
Explore What Matters Most to You.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.