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
The Maximizing Impact of Small Lot Typology
One of the most talked about trends this housing cycle has been Los Angeles’ small lot ordinance single-family housing typology. For those in the land business, anybody with exposure to
Highland Park’s Fig & Fifty Walk Town Homes Start from $578,000
The more than two dozen townhomes in The Olson Company’s Fig & Fifty Walk development will hit the market September 9 with asking prices from $578,000.
Characteristics of Land Loans
Chuck Salas, with private lender Seattle Funding Group, discusses what borrowers of land loans should be aware of. Among the characteristics of land loans that borrowers should be cognizant of:
0 Comments
No Comments Yet!
You can be first to comment this post!