Europeans are coming back in commercial short sales

Commercial Real Estate Add comments

Investors from Europe are coming back, but they select their markets very carefully.

They are only looking at gateway cities like: Washington DC, New York, Boston, not Atlanta. They are looking some in Miami because of the industrial base.

But they don’t like to be in a scenario where they need to compete with many local investors. Also in commercial real estate we need to go back to a traditional scenario where owners need to have at least 30% down, both domestic and international, which is a major shift as compared to the last few years.

Roberto Mazzoni

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