Foreign Investors Playing Larger Role in High-Profile Land Segment
Top CBRE broker, Laurie Lustig-Bower, has a front row seat to the influence foreign investors are having on the trophy, land asset market. While in Southern California, the outsize buys made by foreign buyers for residential land have been confined to the multifamily and condominium sector, thus far, it remains to be seen if this appetite will spread to high-profile land for traditional, for-sale single-family housing. Certainly, there have been foreign investors hovering around this space, but actual closed transactions have mainly been smaller buys.
About author
You might also like
Shopoff Bolsters Land Acquisition Staff
Joseph Reed joins Shopoff Realty Investments as Vice President of Land Acquisition. The 27-year land business veteran was most recently with KB Home and had also previously held positions with
Esencia Draws 10,000 Viewers
Esencia, the second phase of the 14,000-home Rancho Mission Viejo masterplan, opened this past weekend with 42 model homes and drew 10,000 viewers. Esencia, just east of San Juan Capistrano,
Another Elephant Hits the Market
Pacifica San Juan, a well-located, prime piece of Southern California real estate in San Juan Capistrano, hits the market. Set across 250 acres and comprising 318 lots, the project is
0 Comments
No Comments Yet!
You can be first to comment this post!