News
On March 31 the 2021 Commercial Real Estate International Business Trends report from NAR was released. It discusses the trends in foreign buyer purchases of U.S. commercial real estate in 2020 in the “small commercial real estate market” (sales of below $2.5 million) and in the “large commercial real estate market” (sales of $2.5 million or over). Here are some takeaways to note: China remains the top foreign buyer of commercial real estate with 14% of the market share among...
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As you may or may not be aware, when the last omnibus appropriations bill was passed in December 2020, the EB5 program was decoupled from automatic approvals provided in that bill. This means the EB-5 program has to stand on its own to gain re-approval before the sunset provision of June 30, 2021. On March 18, 2021 Senators Leahy (D-VT) and Grassley (R-Iowa) introduced EB-5 Investor Visa Integrity Reform Bill. This legislation would reauthorize the program for five years, providing certainty...
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The Global Alliances International Residential Real Estate Business Survey was just released by NARs Research team this week. This survey was sent to members of NARs bilateral partners and was looking at the International Business Trends in their countries. Responses were received from 495 respondents in 48 countries. You can use the data visualization on the page to view foreign buyer statistics in the 14 countries of business that accounted for at least 3% of all respondents. There is a...
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