Foreign Money is Pouring into U.S. Real Estate, and it’s not Just Houses
Regan Hagestad
May 22, 2015
Today, the real estate market is experiencing record cash sales from international buyers who are gobbling up large chunks of property. Through the first quarter of 2015, commercial real estate transactions increased by 45 percent. One of the most significant deals occurred as General Electric Company sold approximately $23 billion in assets to Wells Fargo & Co. and Blackstone Group
