In this week’s top multifamily reads, we see that foreign investors are still interested in U.S. commercial real estate — in fact, the asset class captured 31% of 2016’s global capital investments, according to Real Capital Analytics. We also learn why Florida and Texas are two of the top markets for those foreign investments. Additionally, a recent article from Commercial Real Estate Direct explores the demand characteristics supporting long-term growth in the Class B/C sector, which is proving to be a growing target for foreign capital.  

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10 US cities where everyone wants to live right now

via Business Insider – June 6, 2017

“Austin is so hot right now — and no, we’re not talking about the rising temperatures.”

 

Foreign Investors Will Continue to Favor U.S. Assets

via National Real Estate Investor – June 9, 2017

“In the wake of international events like Brexit, investors are flocking to the U.S. in droves, and global interest in assets here continues to proliferate.”

 

Florida, Texas top foreign buyers property purchase list

via The Dallas Morning News – June 7, 2017

“Florida, Texas and California were the most popular markets for offshore buyers acquiring small properties for either investment or use, the Realtors found in their annual commercial real estate survey.”

 

Investor Demand for Senior Housing Continues to Grow in U.S.

via World Property Journal – June 7, 2017

“Despite investors’ expectations for rising interest rates, nearly 60% of respondents expect to increase the size of their portfolios in 2017 compared with 47% a year ago.”

 

The Multifamily Sector: A Tale of Two Classes

via Commercial Real Estate Direct – June 5, 2017

“Luxury apartments have been the darlings of the multifamily sector’s building boom since the Great Recession. However, a number of shifting dynamics are putting pressure on the asset class, while mid-range class-B properties remain underserved by developers and investors, despite strong fundamentals.”