Chinese buyers were not buying real estate in Miami five years ago. But now, they make up 4% of the foreign buyer pool, according to recent published data. CLICK ON THE HEADLINE FOR MORE
In a wide-ranging talk at the annual REIT symposium hosted by NYU Schack, Zell explained why he’s bullish on foreign investment but doesn’t have much hope for an infrastructure boom in the U.S. CLICK ON THE HEADLINE FOR MORE
While Miami’s rebound from the financial crisis was driven by South Americans snapping up vacant condos, the city now is looking as far as Beijing to sustain the growth with the Chinese becoming one of the fastest-growing segments of foreign buyers. CLICK ON THE HEADLINE FOR MORE
