Foreign investors in commercial real estate have long preferred to place their money in a small handful of top-tier cities like New York, Chicago and San Francisco. But a new survey shows that even the investors that have traditionally chosen stable cash flow over maximizing returns are now more eager to buy in the Sun Belt hotbeds of Atlanta and Austin than the gateway cities.
Atlanta is the city most foreign investors plan to invest in this year, according to the annual Association For International Real Estate Investors survey, ahead of No. 2 Austin and No. 3 Boston. While both Austin and Boston were among the top three destinations in the 2021 survey, Atlanta supplanted Dallas and… Read the full story here. |