National Association of Realtors Smaller Markets
Lawrence YunThe Transactions, Broken Down
Top Buying Countries
Top US States
- International clients found US commercial real estate markets to be a good value in 2017. About seven in 10 respondents reported that international clients view US prices to be about the same or less expensive than prices in their home country, according to Yun.
- Foreign buyers of commercial property typically bring more cash to the table than those purchasing residential real estate. 70% of international transactions were closed with cash, while NAR's 2017 residential survey found that half of buyers paid in cash.
- For those not using all cash, 25% of commercial deals involved debt financing from US sources.
- A majority of buyers purchased commercial space for rental property (39%) or for business investment purposes (34%).
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
