U.S. Remains the Top Real Estate Destination for Foreign Investors

Lesley HansenReal Estate Financial News

by Jereco O. Paloma for rexe.com Real Estate in the US seems like it’s heading toward a brighter future, as the country remained the top choice for foreign property investors, with New York leading the pack, a new survey showed. A recent survey conducted by the Association of Foreign Investors in Real Estate (AFIRE), as reported by Bloomberg, showed the U..S will see … Read More

NEW TAX BREAK COULD MEAN BOOST FOR MULTIFAMILY, INDUSTRIAL IN 2016

Lesley HansenReal Estate Financial News

by Martin Drake on biznow.com Last month’s FIRPTA bill—a ruling easing regulation of foreign investors—should give a big boost to US real estate as the industry heads into a potential recession, Association of Foreign Investors in Real Estate CEO Jim Fetgatter says. The changes allow foreign investors to hold 10% (vs. 5% before) of a REIT’s stock without triggering FIRPTA taxes. The law also gives foreign … Read More