Foreign Capital Makes Bigger US Footprint
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White: “We’re back to the long-term trend that was disrupted by the GFC.”
AUSTIN—Bob White is bullish on foreign capital. He said so in a recent interview in the days running up to the CCIMTHRIVE Conference here. And yes, as reported previously on GlobeSt.com, Asian capital is flowing into US markets, but they are not the only—or even the biggest—players. And they ain’t just playin’ in the big city streets.
But before we reveal White’s Top Five, here’s some backstory: Over the past 12 months, foreign capital has surpassed its 2007 US acquisitions peak, said the president of Manhattan-based Real Capital Analytics. “The past 12 months saw $62 billion in foreign acquisitions, versus 2007, when it was about $52 billion.”…
