Search
 

Foreign Investors Want High-Profile Land

LOS ANGELES—CBRE's Laurie Lustig-Bower, one of the speakers on the development panel at the upcoming RealShare Apartments, talks about how both domestic and foreign investors are helping drive prices up on a handful of rare development sites.

By Kelsi Maree Borland | Updated on September 22, 2014

LOS ANGELES—Foreign investors are specifically looking at high-profile development sites, according to Laurie Lustig-Bower, EVP at CBRE. Lustig-Bower is speaking on the development update panel at the upcoming RealShare Apartments conference, where she will discuss the issues and challenges developers are facing in today’s marketplace, including competition from foreign investors.

“I plan to discuss the high desirability across the buyer spectrum, from domestic to international clients that are looking for land to build either apartment communities or condominium communities,” Lustig-Bower tells GlobeSt.com, adding that other hot-button development topics include the costs of construction, the decision to build rental units or condo units and the types of returns developers want.

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.