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Offshore Buyers Attracted to Suburbs?

NEW YORK CITY—Many people think off shore buyer interest is limited to the major cities only, however many who are new to the US chose to purchase in the suburbs, says one source in this EXCLUSIVE Q&A.

By Natalie Dolce | Updated on March 13, 2015

NEW YORK CITY—A vice chairman in CBRE‘s institutional properties group, Jeff Dunne has more than 30 years of experience in real estate investment banking, across a variety of asset types. He and his team focus on investment sales and equity raises for properties and projects typically within three hours of Manhattan and he has completed nearly $30 billion in transactions during his career and $2.7 billion in 2014.GlobeSt.comexclusively chatted with Dunne about overarching trends from 2014, where he sees foreign buyers’ interests, and investor interest in retail assets among other things.

GlobeSt.com: Have you seen increased interest from foreign buyers in assets located in the Manhattan suburbs?

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