Real Estate News
--> California News
SF Report Launch: Chinese Investment in U.S. Real Estate
On May 24, 2016, Asia Society Northern California convened a high-level panel to launch our new report, “Breaking Ground: Chinese Investment in U.S. Real Estate.” The sold-out event featured speakers from wide-ranging backgrounds: Arthur Margon ...
On May 24, 2016, Asia Society Northern California convened a high-level panel to launch our new report, “Breaking Ground: Chinese Investment in U.SReal Estate.” The sold-out event featured speakers from wide-ranging backgrounds: Arthur Margon, a partner at Rosen Consulting Group, one of the report authors; Darlene Chiu Bryant, Executive Director of ChinaSF; Zhengyu Huang, Chairman and Founder, ImmCapital; Li Chen, Chief Financial Officer, Oceanwide Center LLC, a Chinese developer; Alan Pomerantz, Senior Counsel, Pillsbury LLP; and Sean Randolph, Senior Director, Bay Area Council Economic Institute.
MrMargon began the program with a discussion of the highlights of the reportHe noted that Chinese nationals are now the biggest foreign buyers of American homes, purchasing homes valued at $93 billion in the past five years, including $28.6 billion in 2015 aloneCommercial property purchases have surged as well, to $8.5 billion last year, a 15-fold increase from 2010And, at nearly $208 billion, China is the biggest foreign holder of U.S.-government-backed real estate bonds.
His presentation was followed by a panel discussion, which covered the differences between Chinese investment now and Japanese investment in the 1980s; the role of the EB-5 program in investment; and what the United States can do to promote Chinese investment.
Zhengyu Huang commented that Chinese investment is characterized by “long-term strategic investing coupled with momentum driven investment” and Alan Pomerantz noted that one barrier to entry is the complex web of U.SlawsMrHuang predicted that despite some challenges for Chinese investors, they see the United States as a long-term destination, and in 2-3 years, will be much more savvy and well-educated investors.
We Know Asia, Get to Know Us
Across the fields of arts, business, culture, education, and policy, the Society provides insight, generates ideas, and promotes collaboration to address present challenges and create a shared future.-->
New York | Museum
Arts & Museum Summit
Asia 21 Young Leaders
Asia Society Policy Institute
Center on U.S.-China Relations
China Learning Initiatives
Creative Voices of Muslim Asia
Global Cities Education Network
Global Learning Beyond School
Global Competence Certificate
Global Talent Initiatives
Int'l Studies Schools Network
Pacific Cities Sustainability
Transfuze: The Asia Arts & Museum Network
U.S.-China Museum Leaders Forum
U.S.-China Dialogue Young Scholars
About Asia Society
Mission & History
Become a Member
For the Media
Trending California News:
“Darling” by Real Estate Review | Pitchfork
IOTM: CityBldr says big data will help real estate developers net big returns
Purplebricks targets California as first U.S. site
Real Estate Roundup: Big buy in Palo Alto, investor makes a profitable flip in San Jose to same group eyeing up Gilroy
Bay Area real estate: Home sales drop markedly, and prices keep climbing
Daren Metropoulos takes ownership of Playboy Mansion, Hef included
Palo Alto scores affordable housing in Hotel California
Envision Solar and 360 Commercial Partners Join Forces to Bring Landmark-Quality Solar ...
New Tax Code Expected to Have Little Impact on Overall Housing Market, According to First American Real Estate Sentiment Index
Prudential California Realty Joins Berkshire Hathaway HomeServices Real Estate Brokerage Network
California Today: Jewish Delis Disappear, Bagel by Bagel
Are rising home prices triggering a 'double bubble' in the Valley?
Home of the Week: A mission-inspired equestrian estate in the Coachella Valley
Will New jobs Help Commercial Properties?
Editor’s Note: California, Here We Come!
Prices bouncing back for California housing market
LAS VEGAS BUSINESS PRESS
San Rafael, CA Homes For Sale & Real Estate
Jessica Foote enjoys helping clients find homes
One week later, California is still on fire