Skip to main content

China Leads World in Buying U.S. Commercial Property

Phil Hall
Jun 28, 2018
Commercial and multifamily mortgage debt outstanding swelled by $52.3 billion in the second quarter, according to new data from the Mortgage Bankers Association (MBA)

Chinese buyers dominated the market of global buyers of U.S. commercial real estate market last year, according to data from the National Association of Realtors (NAR).
The top countries of origin for buyers of U.S. commercial property in 2017 were China (20 percent), Mexico (11 percent), Canada (eight percent) and the United Kingdom (six percent). On the flip side, foreign-based sellers of U.S. commercial property were primarily from Mexico (20 percent), China (15 percent), and Brazil and Israel (both at 10 percent). Over 60 percent of buyer-side sales were transactions with foreign buyers who primarily resided abroad, while 57 percent of seller-side transactions were properties sold by clients who were temporarily residing in the U.S. on non-immigrant visas.
Florida, Texas and California were the top states where foreigners purchased and sold commercial property last year, with the median international buyer-side transaction at $975,000 and a median seller-side transaction was $1 million; the median commercial transaction was $625,000. Seventy percent of transactions closed in all-cash deals, while 25 percent used debt financing from U.S. sources. Most buyers purchased commercial space for either rental property (39 percent) or for business investment purposes (34 percent).
“Since 2016, world economies have regained their footing and have pressed toward higher ground,” said NAR Chief Economist Lawrence Yun. “Global economic output increased in 2017, and commercial real estate continues to be a healthy investment for global investors.”

Jun 28, 2018
Williston Financial Group, Doma Strike Deal

WFG is set to acquire Doma’s title operations, including operation centers in the Northern and Central California.

May 24, 2023
Mat Ishbia Takes A Charge At NBA Playoff Game

UWM CEO and majority owner of the Phoenix Suns involved in scuffle with Denver center Nikola Jokic

May 08, 2023
The Pitfalls Of Cash-Out Refinancing In A Rising Interest Rate Environment

Second-lien home equity loans are a far better way to take out cash

May 02, 2023
NEW YORK: How To Conquer - Not Fear - The Empire State

Roadblocks are many but payoff is worth it

May 01, 2023
RCN Capital Opens LA Office

Expansion marks lender's continued success.

Apr 26, 2023
Trigger Lead Legislation Renews Debate Over Consumer Choice

Borrowers can protect themselves from unsolicited lenders, but they could be doing themselves a disfavor

Apr 20, 2023