Chinese firms bailing on U.S. CRE market – Robert Khodadadian

The turmoil in China’s real estate market is reaching the United States by way of foreign firms based in the global power retreating from commercial real estate. Chinese firms have sold $23.6 billion in U.S.-based commercial assets since the start of 2019, the Wall Street Journal reported. The outlet reported data from MSCI Real Assets, which noted Chinese firms purchased $52 billion in those same assets from 2013 to 2018. The troubles of prominent Chinese

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, china, Hotels, Investment Sales, office market The Real Deal New York Read More

.com/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u0dc00c64480af13e96b86fbe17877012:hover .ctaButton { background-color: #141414!important; } .u0dc00c64480af13e96b86fbe17877012 .centered-text { display: table; height: 80px; padding-left: 18px; top: 0; } .u0dc00c64480af13e96b86fbe17877012 .u0dc00c64480af13e96b86fbe17877012-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u0dc00c64480af13e96b86fbe17877012:after { content: ""; display: block; clear: both; }

Leave a Reply

Your email address will not be published.