NEW YORK CITY-The common wisdom that a relatively weak dollar is drawing investors stateside is simply not true. So says Bob Knakal, chairman of locally based Massey Knakal, in this exclusive video interview. Click the video to discover the true drivers. You'll also find out:

• What FIRPTA's real impact is;

• How other countries are faring;

• Are the BRIC nations being overplayed; and

• What offshore investors are big in Manhattan.

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John Salustri

John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.