Why Some Investors Are Heading to the Burbs

ATLANTA—Large volumes of development dollars have been invested into cities—especially large metropolitan areas like Atlanta. That trend, says attorney Joel Shackelford, partner at Kaufman Dolowich & Voluck, can largely be traced back to one root: huge amounts of foreign investments into American real estate, which is seen as a safe investment both in terms of cash flow and asset appreciation.

“China has been a big player in this sort of urban development,” Shackelford tells GlobeSt.com. “Demand for such new construction has been exceeding supply, in my experience, causing property values and rental rates to increase.”