{"id":200,"date":"2017-01-10T15:42:54","date_gmt":"2017-01-10T15:42:54","guid":{"rendered":"http:\/\/www.bostonpropertyreports.com\/?p=200"},"modified":"2017-01-16T17:23:21","modified_gmt":"2017-01-16T17:23:21","slug":"boston-the-no-3-market-in-the-u-s-for-foreign-real-estate-investment","status":"publish","type":"post","link":"http:\/\/www.bostonpropertyreports.com\/?p=200","title":{"rendered":"Boston the No. 3 market in the U.S. for foreign real estate investment"},"content":{"rendered":"

Boston is\u00a0among the top 5 cities in the U.S. for foreign real estate investment, according to a new study from\u00a0the Association of Foreign Investors in Real Estate (AFIRE)<\/a>.<\/p>\n

Based on AFIRE member responses, Boston is the No. 3 U.S. market in 2017, up from No. 5 a year ago. Here is AFIRE\u2019s top five:<\/p>\n

    \n
  1. New York (No.\u00a01 last year)<\/strong><\/li>\n
  2. Los Angeles (No.\u00a02 last year)<\/strong><\/li>\n
  3. Boston (No.\u00a05 tied with Seattle last year)<\/strong><\/li>\n
  4. Seattle (No.\u00a05 tied with Boston last year)<\/strong><\/li>\n
  5. San Francisco (No.\u00a03 last year)<\/strong><\/li>\n<\/ol>\n

    AFIRE members are among the largest international institutional real estate investors in the world, and have an estimated $2 trillion-plus in real estate assets under management.<\/p>\n

    It is important to note that AFIRE members are not homebuyers \u2013 the top five property types in the U.S., per the survey, are\u00a0industrial, multifamily, office, retail and hotel \u2013 but such investments undoubtedly benefit an area\u2019s residential market, and furthermore, Greater Boston is no stranger to foreign homebuyers.<\/p>\n

    Foreign demand for real estate on the decline?<\/h3>\n

    More than 50 percent of AFIRE\u2019s members said that Brexit would have a positive effect on the U.S.\u2019 real estate market, but very few members are optimistic about the overall U.S. market. Only 6 percent of members expressed optimism, while 33 percent are pessimistic.<\/p>\n

    James A. Fetgatter, the chief executive officer of AFIRE, cited recent developments\u00a0for investor caution.<\/p>\n

    \u201cAs uncertainty rises with a new government in Washington and interest rates that have risen dramatically, it is no surprise that investors have signaled a note of caution,\u201d Fetgatter said. \u201cComfortable spreads between cap rates and interest rates have narrowed, making the investment criteria more selective and difficult. Increased market research and discipline will be required.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

    Boston is\u00a0among the top 5 cities in the U.S. for foreign real estate investment, according to a new study from\u00a0the Association of Foreign Investors in Real Estate (AFIRE). Based on AFIRE member responses, Boston is the No. 3 U.S. market in 2017, up from No. 5 a year ago. Here is AFIRE\u2019s top five: New […]<\/p>\n","protected":false},"author":1,"featured_media":262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other-reports"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8hgrY-3e","jetpack-related-posts":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.bostonpropertyreports.com\/wp-content\/uploads\/2017\/01\/download-4.jpg?fit=225%2C225","_links":{"self":[{"href":"http:\/\/www.bostonpropertyreports.com\/index.php?rest_route=\/wp\/v2\/posts\/200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.bostonpropertyreports.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.bostonpropertyreports.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.bostonpropertyreports.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.bostonpropertyreports.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=200"}],"version-history":[{"count":1,"href":"http:\/\/www.bostonpropertyreports.com\/index.php?rest_route=\/wp\/v2\/posts\/200\/revisions"}],"predecessor-version":[{"id":201,"href":"http:\/\/www.bostonpropertyreports.com\/index.php?rest_route=\/wp\/v2\/posts\/200\/revisions\/201"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.bostonpropertyreports.com\/index.php?rest_route=\/wp\/v2\/media\/262"}],"wp:attachment":[{"href":"http:\/\/www.bostonpropertyreports.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.bostonpropertyreports.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=200"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.bostonpropertyreports.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}