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Survey Says Foreign Investors Love LA, Too

LOS ANGELES-A recent poll says international buyers covet Washington, DC and New York the most, but the City of Angels also ranks high their list. San Francisco, Boston and Chicago get high marks as well.

By David W. Myers | Updated on December 21, 2001

LOS ANGELES-For the first time in half a decade, results of an annual survey say foreign investors consider LA one of the nation’s most promising commercial real estate markets.

The 10th annual survey by the Washington, DC-based Association of Foreign Investors in Real Estate says the nation’s capital and New York are in a tie for the top spot. Then comes Boston, Chicago, San Francisco and LA.

The survey was conducted in early October among AFIRE members by Kingsley Associates, a real estate research firm. AFIRE members have more than $172 billion invested in cross-border real estate nationally and more than $272 billion globally.

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