Your article was successfully shared with the contacts you provided.
Gordon J. Whiting, managing director, Angelo, Gordon & Co.
NEW YORK CITY—“The biggest surprise to me was the introduction of foreign capital into net lease, and how really aggressive the investors are,” says Gordon J. Whiting, managing director, Angelo, Gordon & Co., a privately-held registered investment advisor focused on alternative investments, which manages approximately $28 billion. “They are coming into less than investment grade, net leasing industry space in secondary locations.”
Foreign capital has long pursued trophy assets such as the Waldorf Astoria, and buildings on Park and Fifth avenues. But now many Asian and Middle Eastern countries are investing in industrial portfolios with real estate in secondary markets all over the country.
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? Sign In Now
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
The 2024 edition of the colossal ICSC Las Vegas convention is gearing up and GlobeSt.com chats with a few expert sources on their expectations and predictions for the show.
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
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.