Asian Investment in U.S. Trophy Assets Quadrupled in 2016
Office and hospitality properties especially prized.
Theres been much talk lately of record Asian capital being pumped into the U.S. commercial real estate market, especially in the past year. Foreign investors stole the spotlight in 2016, injecting billions in commercial assets, with a clear preference for the office and hospitality sectors. Anbang Insurance Groups $5.5 billion buyout of Strategic Hotels &…