Much of the slowdown had to do with travel restrictions and difficulty in inspecting the properties and meeting with operating partners.
May 06, 2021 at 07:33 AM
1 minute read
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After a pandemic-related slowdown, cross-border investment in US commercial real estate is on the selective rise.
“We did see a slowdown [of international investment] during the pandemic,” Riaz Cassum, executive managing director and global head of international capital at JLL Capital Markets, tells GlobeSt.com. “A lot of it was related to travel restrictions and difficulty in terms of being able to look at real estate, meeting with operating partners, et cetera.”
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“There was a lot of money ready to be deployed before the pandemic and they couldn’t find the right property or investment,” Corali Lopez-Castro, a partner at Kozyak Tropin & Throckmorton said.
