X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The United States economy has experienced a volatile run over the past two years. While the past few months have seen an increase in momentum for the job market, ephemeral economic momentum in 2010 and 2011 has given employers ample reason to hire cautiously in 2012. Consumer activity, which constitutes 70 percent of the domestic economy, has been building slowly – but memories of the 2007-2008 financial crash and the resulting consumer credit issues remain fresh. Compounding all of this economic uncertainty are Federal austerity measures, which are set to be implemented in 2013 as a result of the failed Congressional supercommittee that was charged with trimming the nation's debt. Yet, for all of this uneasiness about the U.S. economy, foreign investment in U.S. commercial real estate remains robust. Why?

At the peak of the market in 2007, foreign buyers spent $25.3 billion snapping up U.S. commercial real estate assets, according to Real Capital Analytics. This represented 6.1 percent of the total sales volume. The net acquisition dollar volume (the amount spent on acquisitions by foreign buyers minus the amount received from sales by foreign sellers) was $8.4 billion.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.