According to the Association of Foreign Investors in Real Estate, the US is still the most attractive country to invest in for real estate. The top three cities as rated by AFIRE, are Washington DC, San Francisco and Manhattan.
Israeli investors who at one time invested heavily in NYC real estate are once again buying up property after a brief layoff. Over the years several large real estate investment firms that are Israeli owned such as The Ofer family, Gaia Real Estate and the Fishman Group have amassed large portfolios of residential and office space.
Now, these firms plus several newer players are on a shopping spree. Looking for good value, property whose price has fallen victim to the downturn and that can be bought for a discounted price based on the numbers from the boom years.
In good times and bad, real estate remains the one constant that all investment portfolios should include. And, no matter where you are from, there is no better real estate investment than Manhattan properties.
Oct 20, 2010
Subscribe to:
Post Comments (Atom)
Posts
0 comments:
Post a Comment