Tag Archives: Foreign Investments

Need A Loan to Purchase U.S. Real Estate

The Cash only days are long over, and the old-fashioned banks are finally catching on. Hey, they have to figure out a way to make money too, right?

While the strong dollar and rising home prices have deterred many foreign buyers in South Florida and across the country, more are turning to nontra-ditional mortgages to finance their home purchases.

Foreign buyers often pay cash for residential real estate in the U.S. – a whopping 50 percent did so in 2015, according to the National Association of Real-tors. Large cash deposits have also fueled Miami’s latest condo boom.

Read Katherine Kallergis’s The Real Deal’s article here:

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Do You Speak Mandarin? The Chinese Are Here

What do you get when you mix an insatiable appetite for expansion with a boatload of cash? China! Coming to a neighborhood near you.

With confidence in their hometown markets fading, Chinese investors are continuing to throw billions of dollars at United States real estate.

In the first half of this year, companies with Chinese backers accounted for $5 billion worth of U.S. real estate purchases, according to the Wall Street Journal.

Read Sean Stewart-Muniz’s The Real Deal article here:

Macy’s building near Lincoln Road quietly marketed for sale, could fetch $80M

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miami eb-5 visa

Miami Peddling EB-5 Regional Center Status to Lure Foreign Investors

Everyone is trying to get on the EB-5 bandwagon to get a piece of the coveted wealthy foreigner dollar. Many countries have something similar, sort of a “cash for visa” program. Well, Miami is getting into the game as a Regional Center. Starting as early as September, the city of Miami will begin dangling green cards to foreign investors as a means to spur economic development in South Florida and further cement Miami’s status as the global business hub. However, investors have plenty of options out there, and Miami’s late arrival to the party may not serve it well in courting them.

Read David Smiley’s Miami Herald article here:  http://hrld.us/XNReIE

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