Search
 

US: Cleanest of the Dirty Shirts

CANNES-Sure, the US still has its problems (Think a frozen Congress and a $13-trillion debt), but compared to other investment targets . . .

By John Salustri | Updated on March 14, 2013

CANNES-The cleanest dirty shirt in the closet. Channeling Johnny Cash, that’s how Chris Ludeman, president of CBRE Capital Markets, describes the US. Foreign investors see it as a safe haven, he says, despite the concerns, concerns such as the Congressional stalemate, a $13-trillion debt and a 30% FIRPTA tax.

In fact, in a recent AFIRE survey of its global membership, 39% indicated greater confidence about investing in the states than a year ago. And among favored places for investment bets, four of the five top cities were in the US: New York City, Washington, DC; San Francisco; and Houston.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.