Chinese investors continue to pump cash into US real estate

As a dizzying array of economic troubles erodes confidence in the local market, Chinese investors are clamoring to finance some of the biggest commercial developments in the United States. China-based investors pumped $5 billion into commercial purchases in the U.S. in the first half of 2016, a 19 percent year-over-year jump, the Wall Street Journal reported. That number doesn’t include unfinished deals. So far this year, investors have $12.9 billion worth of deals under contract … [more]

Source: Real Estate

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