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VIDEO: Foreign Investors Look to DC Real Estate

WASHINGTON, DC-Valerie Santos, the deputy mayor of planning and economic development in Washington, DC speaks with GlobeSt.com's Ian Ritter about the city's real estate picture.

By Ryan Clark | Updated on May 12, 2010

WASHINGTON, DC-There might not be a lot of capital flooding into commercial real estate right now, but foreign investors seem ready to spend in this metro area, said Valerie Santos, deputy mayor for planning and economic development, who spoke at RealShare Washington DC.

“Some of these foreign funds are very curious to understand the city’s perspective and our commitment to development,” she said. Additionally, developers are able to get projects done through creative public financing and joint ventures, Santos pointed out.

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